it is going to be interesting to see who is going to be on the client list of texas billionaire allen stanford. the fbi finally tracked "sir" stanford down this week in virgina, and celebs like yankees outfielders xavier nady and johnny damon have already come out and said that they have been bamboozled by stanford. it seems that most of the fraud in the stanford ponzi scheme took place in central and south america since his bank was located on antigua. even though stanford is accused of defrauding investors of close to 9 billion dollars he still has a long way to go to catch bernie madoff. (Madoff Victim Map | List of Madoff Clients)
to top it all off, it was reported yesterday that madoff didnt even buy as much as ONE security. does that mean that he can't be charged with securities fraud if he didn't actually buy securities? (Madoff Never Made Supposed Investments - NYTimes.com) - tuxxy
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