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Re: Stanford NICKED!
In London, international fraud expert Jeffrey Robinson said suspicions over Sir Allen dated back 15 years and were on "everybody's radar" for the last decade.
"I know, personally, because I have discussed it with them, a number of law enforcement agencies in the United States, plus a number of prosecutors who have been looking at Mr Stanford for the past 15 years," Robinson, a journalist and author, told the BBC's Today programme.
"It's very frustrating for investors who got in late that the SEC and other regulators have been investigating for years and haven't done anything," said Ross Intelisano, a New York securities lawyer. "It's frustrating that they took so long to shut him down."
America's ABC News network, citing US federal authorities, said the FBI was investigating whether Stanford was involved in laundering money for a Mexican drugs cartel. Quoting unnamed officials, it said Mexican authorities had found cheques from a drugs gang in a detained private jet owned by Stanford.
When you float up to a certain level in the international drug trade, investigative agencies are kept at bay until you "go bad", like rotten fruit. Then you're given the Noreiga Treatment. Remember BCCI? Big Buck Laundering means hands off Big Time. It's estimated, following the two Opium Wars that forced drugs into China, the proceeds were enough to pay for the British Navy, England's principal means of controlling its Empire. Think times have changed? Think again :p
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Re: Stanford NICKED!
Haha, what happened to the "good 'ole days" when drug dealing was a blue collar, cash only business??Originally posted by don View PostComment
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Re: Stanford NICKED!
Shared the fate of the Mom and Pop stores. Corporate City, Baby ;)Comment
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Re: Stanford NICKED!
It has never been a "blue collar" cash only business! That may be the shop front but that is all. See American Drug War
See also Lords of Opium, Afghanistan's soaring drug trade hits home and US general predicts record poppy haul (heroin)
Also - The War on Drugs - a Bush Family ProductionLast edited by Rajiv; February 20, 2009, 05:39 AM.Comment
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