Victims of Allen Stanford Fraud Petition the U.S. Government

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/ #18

2011-11-02 14:33

The biggest insult to foreign victims came when the SEC acknowledged they suspected Allen Stanford of running a ponzi scheme but did nothing about it because they believed it didn't affect Americans only foreign investors.

If the world is ever to trust America again then it needs to compensate all of Stanford's victims regardless of nationality or where they bought their CD's. The SEC failing to reveal to investors when they suspected Stanford of running a ponzi scheme became complicit in the crime against every victim American or otherwise.