Category: Stanford, Robert Allen

Victims of Stanford Financial’s Fraud Scheme May Soon Be Paid. Some Already Sold Their Claim.

Not having much insight into what may happen next in the case of a fraud orchestrated by Robert Allen Stanford, many of the victims sold the rights to any future payout.
TD Bank to Pay $1.2 Billion to Settle Stanford Financial Ponzi Case

The New York Times – Business:
The Canadian lender settled claims arising from a scandal involving Stanford Financial, which collapsed in 2009 and cost ordinary investors some $7 billion.

Victims of Stanford Financial’s Fraud Scheme May Soon Be Paid. Some Already Sold Their Claim.