Tag Archive | "Stanford Financial Group’s chief investment officer"

Stanford claimed $5.1B, had $173M, CFO says at trial


R Allen Stanford told his top brokers in late 2008 that his Antiguan bank “was sitting on $5.1 billion” more cash than it needed as his treasury manager was privately e-mailing him that there was just $173.6 million on hand, Stanford’s former finance chief testified.

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