"[The Stanford Series] Stanford pleading the fifth
Sir Allen Stanford is refusing to cooperate with the SEC’s investigation of his alleged $8bn fraud.
HOUSTON, March 11 (Reuters) - Allen Stanford, the billionaire Texan accused of an $8 billion fraud by U.S. regulators, has refused to cooperate in the government’s probe, according to a court filing.
“I hereby assert my privilege against self-incrimination under the Fifth Amendment to the United States Constitution and and decline to testify or provide an accounting, and will continue to decline to testify, provide an accounting or produce any documents related to the matters set forth in the Commission’s complaint,” he said in a filing with the U.S. District Court in Dallas.
Stanford, two of his top aides and three of his companies are accused by regulators of a long-running fraud involving high-yield certificates of deposit.
Article Series - The Stanford Series
- The fractal Stanford
- As Stanford allegations fly, the SEC investigates...
- Sir Allen's Antigua, or the curious case of Stanford International Bank
- US MARSHALS SEEN ENTERING HOUSTON OFFICE OF STANFORD FINANCIAL GROUP - REUTERS EYEWITNESS
- ROBERT STANFORD ACCUSED OF `MASSIVE FRAUD' BY SEC
- Arise, Sir Allen...lest we assume the worst
- The full SEC complaint against Stanford
- Stanford scandal in pictures
- It's just not cricket
- Have you seen this bank?
- Where in the world is Sir Allen?
- What does the 'F' stand for in FINRA?
- Stanford's mysterious billions
- Stanford's AIM foray
- A Freudian slip?
- Sir Allen Stanford, you've been served
- But which passport will he surrender?
- SIB and Stanford Trust Company Limited put into receivership
- Eastern Caribbean Central Bank "takes control" of the Bank of Antigua
- The Stanford campaign donations: pay 'em back, not forward
- Clients of Allen, by the numbers
- This land is our land, Antigua government to say
- Antigua government moves closer to seizing Stanford properties
- From "investment fraud" to "massive Ponzi scheme"
- New details on alleged "massive Ponzi scheme"
- Stanford's US employees join the jobless queue
- Irony du jour
- Invested with Sir Allen? The FBI wants you (to contact them)
- Stanford pleading the fifth
Mar 12 00:21