Tag Archive | "caribbean island nation"

Accountant: Stanford’s bank properly audited


There was nothing “extravagant” about millions that were paid to the outside auditor of jailed Texas tycoon R Allen Stanford’s Caribbean bank, an accountant told jurors Thursday at the financier’s fraud trial.

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Jurors hear conflicting descriptions of Stanford’s business


R Allen Stanford built his financial empire on lies to investors reinforced with fraudulent arithmetic, a federal prosecutor told jurors Tuesday as the government began presenting

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