Another $8 Billion Dollar Fraud
The Scam Was Run Out Of A
Remote Caribbean Island
"Sir Abraham Stanford" Was The
Mastermind
"Sir Allen" Is A Royal Knight
In The Caribbean
The Scene At Stanford's Bank In
Antigua
Abe Surrounded Himself With
Shiksas
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An $8 Billion Dollar Fraud
A clown who calls himself 'Sir Allen Stanford'
set up a some phony banks in the Caribbean nation of Antigua and
Barbuda, and promised 18% returns. These Caribbean islands are
headquarters for Zio-drug money laundering, tax havens, and the offshore
base for Internet gambling.
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Sir Allen Stanford
Standford (nee Stein?) setup Stanford Capital Management
and grabbed at least $8 billion. The story goes it was the super
wealthy he clipped, but the truth is the only ones with $8 billion are
the banks.
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His Right Hand Man
The bank's chief financial officer, J Abraham Davis, was also
indicted.
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Stanford Financial Group's chief investment officer
The chief financial officer, Laura Pendergest-Holt, was also
charged in the complaint.
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Who Got Taken?
Retirees that had their pension money with this clown, and the
American taxpayer that will bail out the banks who bought Stanford's
CDs.
No private tycoon invested $10 million with this guy.
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So Where Is The $8 billion?
That money went to his front company in Barbados and is now in
Israel.
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So Who Will Prosecute?
Will the Jewish Attorney General, Mickey Mukasey prosecute? Or
maybe 'Sir Harry Stanford' will get a $3 million dollar fine like
Madoff.
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He Has Fled To Israel
Like most of these fraudsters he has decided to make his Aliyah
(holy return) to Israel. Naturally there will be no extradition.
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Just Another Scam
They are saying $8 billion, but who really knows the
true number. It's like saying Madoff only stole $50 billion, but rest
assured he stole every nickel on the table.
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