Is Spencer Barasch the man who single-handedly let alleged Ponzi schemer R. Allen Stanford (pictured left) off the hook three times, costing investors more than $7 billion? Yikes!Mr. Barasch gave a humous talk at Ethics Follies 2008 about business ethics right here in the River City.
Posts Tagged ‘R Allen’
Former SEC Investigator (and former Ethics Follies speaker!) May Have Known of R. Allen Stanford’s Ponzi Scheme
May 5th, 2010 
Before You Invest 
Posted in Finance Fraud 
Tags: Barasch, Broker Dealer, Business Ethics, Complaint Letter, Culpability, Dallas Defense, Debacle, Defense Attorney, Empire Theatre, Enforcement Efforts, Ethics Office, Follies, Guest Speaker, Mui, Oig Investigation, Ponzi Scheme, Poster Child, R Allen, Sec Investigations, Securities And Exchange Commission, Tssb 
Comments OffFormer SEC Investigator (and former Ethics Follies speaker!) May Have Known of R. Allen Stanford’s Ponzi Scheme
May 5th, 2010 Before You Invest Is Spencer Barasch the man who single-handedly let alleged Ponzi schemer R. Allen Stanford (pictured left) off the hook three times, costing investors more than $7 billion? Yikes!Mr. Barasch gave a humous talk at Ethics Follies 2008 about business ethics right here in the River City.
Posted in Finance Fraud Tags: Barasch, Business Ethics, Complaint Letter, Dallas Defense, Empire Theatre, Enforcement Efforts, Ethics Office, Oig Investigation, Ponzi Scheme, R Allen, Sec Investigations, Securities And Exchange Commission, Tssb Comments OffAllen Stanford stripped of his knighthood
November 3rd, 2009 Before You Invest Disgraced Texas financier R. Allen Stanford is being stripped of his knighthood in the Caribbean nation of Antigua and Barbuda, the head of the government panel that approves the awards said Monday.The National Honors Committee voted unanimously to revoke Stanford’s title for embarrassing the nation by running an alleged Ponzi scheme out of his Antigua-based offshore bank, Chairwoman Jacqui Quinn-Leandro said.Stanford, once a benefactor of the Antiguan government, is in jail in Texas awaiting charges for allegedly defrauding some 28,000 investors out of $7 billion by selling them what U.S.
Posted in Finance Fraud Tags: Baldwin Spencer, Bank Ltd, Caribbean Nation, Certificates Of Deposits, Cricket Stadium, Disrepute, Financial Institutions, Government Panel, Honors Committee, Knighthood, Local Authorities, Member Of Parliament, Members Of Parliament, Offshore Bank, Ponzi Scheme, Private Employer, Public Announcement, Queen Elizabeth, Queen Elizabeth Ii, R Allen No Comments »Brawlin’ Bernie: Madoff victorious in first prison fight
October 14th, 2009 Before You Invest Bernie Madoff, after a heated debate with a fellow inmate over whether the stock market has really bottomed out, reportedly got into his first altercation since being sentenced to 150 years in a Butner, N.C., federal prison.Inmates who witnessed the fight told The New York Post that Mr.
Posted in Finance Fraud Tags: Altercation, Bernie Madoff, Butner, Federal Inmates, Federal Prison Inmates, Fellow Inmate, Investment, Investors, Life Sentence, Mammoth, New York Post, Ponzi Scheme, Prison Survival, R Allen, Shock, Slammer, Solitary Confinement, Stanford, Stock Market, Survival Tips No Comments »SEC and Stanford Victims Oppose Standford Request For Money
May 5th, 2009 Before You Invest Stanford Group Co. investors and U.S. regulators are opposing Texas billionaire R. Allen Stanford’s request to unlock $10 million in frozen assets to defend against allegations he ran an $8 billion Ponzi scheme.The U.S. Securities and Exchange Commission sued Stanford, two associates and three of his companies on Feb.
Posted in Finance Fraud Tags: 10 Million, Allegations, Certificates Of Deposit, Companies In Receivership, Corporate Assets, Financial Group, Frozen Assets, High Yield Certificates Of Deposit, Investors, Money, Personal, Preliminary Injunction, R Allen, Regulators, Sec, Securities And Exchange, Securities And Exchange Commission, Stanford Group, Texas Billionaire, Wrongdoing No Comments »Stanford Financial Sued by Charity
February 23rd, 2009 Before You Invest Stanford Financial Group Co. and its chairman, Houston billionaire R. Allen Stanford, were sued by a Colorado investor over claims the company’s alleged $8 billion fraud may have wiped out a charity’s investment.Johan Dahler, the trustee for a Colorado-based charity benefiting poor people in Mexico and Central America, alleged Stanford employees engaged in fraud and conspiracy by lying about returns on investments at Antigua-based Stanford International Bank, according to a complaint filed Feb.
Posted in Finance Fraud Tags: Billionaire, Certificates Of Deposit, Criminal Charges, Fbi, Financial Group, Financier, Fredericksburg Virginia Area, Harris County Texas, Johan, Massive Fraud, Material Facts, Material Misrepresentations, Money Damages, R Allen, Rocky Mountain, Securities And Exchange, Securities And Exchange Commission, Stanford Employees, Stanford Financial, Subpoena No Comments »Alleged $8 Billion Dollar Fraud by Texas Financier Stanford
February 17th, 2009 Before You Invest (AP Writer Monica Rhor in Houston)On Feb. 17th, AP reported that federal regulators charged Texas financier R. Allen Stanford and three of his firms with a “massive” fraud that centered around high-interest-rate certificates of deposit, and raided some of the companies’ offices. Probably most shocking is that the guy’s a Baylor grad!
Posted in Finance Fraud Tags: Ap Writer, Cd Program, Certificates Of Deposit, Chief Investment Officer, Cnbc, False Promises, High Interest Rate, High Interest Rates, Investment Adviser, Investment Scheme, Laura Pendergest, Massive Fraud, R Allen, Return Profits, Rhor, Securities And Exchange Commission, Stanford Financial, Stanford Group, Tuesday Morning, Video Report No Comments »
