Tag: Ponzi scheme

Embassy cables reveal US regulators not paying attention Allen Stanford Ponzi scheme

by magix | Dec 20, 2010 | Foreign Policy, National Security, Politics | 0 |

US diplomats doing little more than staying out of photographs while knowing the country they are engaging with is being defrauded by a US citizen, one has to ask, why are we there?

Madoff victims file suit to recover damages

by magix | Nov 28, 2010 | Featured, Media, National, Politics | 0 |

Madoff’s relatives and former employees and anyone likely to have benefited from the largest Ponzi fraud in US history are being pursued by the bankruptcy trustee, Irving H. Picard.