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Allen Stanford Arrested and Charged with Fraud
- Thread starter haroon510
- Start date
stumpski
International Captain
110 years it is.
Stanford trial: Allen Allen Stanford jailed for 110 years | Cricket News | Global | ESPN Cricinfo
Prosecutors had asked for 230 years, so I suppose that's a result.
Stanford trial: Allen Allen Stanford jailed for 110 years | Cricket News | Global | ESPN Cricinfo
Prosecutors had asked for 230 years, so I suppose that's a result.
slowfinger
International Debutant
That's just demoralizing.
GGG
State Captain
But he will only be 160 when he gets out, where is the justice in that? Leaving him in jail untill he is 270 sents a clearer message!
Americans just love doing everything over the top.
fredfertang
Cricket Web: All-Time Legend
I wonder how long he will have to do before he is eligible for parole
silentstriker
The Wheel is Forever
I was reading about he and Madoff last night and the authorities have a lot to answer for themselves.
For example, there is no way that Stanford could've operated in the way that he did without the assistance of at least 2 governments and a major Canadian bank.
Furthermore, the US was so convinced that he was dodgy that they forbade contact between government officials and him years before the **** hit the fan. Unfortunately, they didnt bother to tell Joe Public any of this until it was too late.
For their part, apparently the only DD that the ECB did was to check that his cheques didnt bounce
The other thing that stands out to me is that you'd have to be seriously deluded to think that you could get away with it forever.
Money laundering is one thing (and at least he was providing a service there) but simply stealing the vast majority of monies that came in the door must rank as an idea that "is so stupid that it just might work."
For example, there is no way that Stanford could've operated in the way that he did without the assistance of at least 2 governments and a major Canadian bank.
Furthermore, the US was so convinced that he was dodgy that they forbade contact between government officials and him years before the **** hit the fan. Unfortunately, they didnt bother to tell Joe Public any of this until it was too late.
For their part, apparently the only DD that the ECB did was to check that his cheques didnt bounce
The other thing that stands out to me is that you'd have to be seriously deluded to think that you could get away with it forever.
Money laundering is one thing (and at least he was providing a service there) but simply stealing the vast majority of monies that came in the door must rank as an idea that "is so stupid that it just might work."
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