Insight: How Allen Stanford Kept The Sec At Bay

(Reuters) - In 2009, federal investigators finally arrested Houston financier R. Allen Stanford. For twenty years, Stanford allegedly had run a $7 billion Ponzi scheme from his offshore bank on the Caribbean island of Antigua. U.S. authorities had been nosing around Stanford's empire for longer than a decade but hesitated to open a full-blown probe.

Topics:  reuters    in   houston   r allen   ponzi   caribbean   antigua   stanford   
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