Subject: Allen Stanford

• News Roundup

  Myriam Marquez takes a closer look at why Rep. Lincoln Diaz-Balart changed his position on SCHIP. The bill this time included health coverage for legal immigrant children and didn't rely too heavily on tobacco taxes. [Herald]Ex-2 Live Crew frontman and local treasure Uncle Luke was arrested last night for failing to pay child support. [CBS4]The companies of R. Allen Stanford are under investigation for selling $8 billion worth of fraudulent CDs (the financial kind). The fraud directly affects th

  February 18, 2009

• Nelson Campaign Cash Caught up in Stanford Saga Too

  Robert Allen Stanford is the latest money manager accused of defrauding his investors out of billions. He is also the latest major Bill Nelson donor caught up in controversy. Yesterday, we told you about the tens of thousands of dollars Sen. Bill Nelson accepted from embattled lobbying firm PMA. Now we're here to bring you up to speed about the tens of thousands in campaign donations he took from the PAC and employees of Stanford Financial Group. Nelson received $45,900, according to the Cent

  February 18, 2009

• News Roundup

  Well, gosh darn it, ya'll. Your Miami Hurricanes basketballing team lost pretty badly to FSU: 80-67. There goes hopes of finishing out ACC regular-season play with more wins than losses. [Democrat]One of the top producers at Stanford Group's Miami office says he raised red flags about something fishy going on. R. Allen Stanford is, of course, the latest mini-Madoff. [Herald]Speaking of, the feds raided that Miami office last night. [CBS4]Fewer people are moving to Florida. Apparently the cruddy

  February 19, 2009

• Katherine Harris Enjoyed a Nice Caribbean Vay-cay with 'Mini-Madoff' Allen Stanford

  There are quite a few South Florida connections to the ongoing "mini-Madoff" scandal surrounding Texas billionaire R. Allen Stanford, who faces civil charges from the SEC that he orchestrated a "massive, ongoing fraud" to the tune of $8 billion through his Stanford International Bank. Courtesy Wikimedia Commons Don't you miss her?Stanford operated a large office in downtown Miami, where brokers pushed the suspiciously overperforming investments to wealthy Latin American buyers, the gove

  February 26, 2009

• News Roundup

  LocalVice President Biden tried to butter up reps from the biggest union in all the land, AFL-CIO, so they'd support the stimulus bill during a meeting in Miami Beach yesterday. [AP]He also announced $8.4 billion from the stimulus package will benefit transportation, and called the Miami Intermodal Center "the wave of the future." [CBS News]Employees at Stanford Financial Miami branch, the company owned and operated by ponzi-schemer Allen Stanford (who does not deserve to be called sir), came ba

  March 6, 2009

• Allen Stanford Will Punch You in the Mouth If You Ask About His Ponzi Scheme

  In a state still reeling from Bernie Madoff and staggering toward 10 percent unemployment, it's tough to think of many adjectives less likely to endear you to the commoners than accused billionaire Ponzi schemer.via mediaimran's flickrStanford, at left, sponsored $20 million cricket matches in the good ol' days.So you have to give Allen Stanford some credit for finding a way to make himself even less sympathetic today in his first interview since the SEC accused him of running an $8 billion Ponz

  April 6, 2009

• The Fall of a Titan

  A downtown Miami firm allegedly helped build an $8 billion Ponzi scheme. It could have been stopped.

  April 9, 2009

• Letters from the Issue of April 16, 2009

  "It's time for the citizens of this country to make the decision to stop paying taxes."

  April 16, 2009

• Commemorate Your Ponzi Scheme Losses with a Nice Decorative Tile

  Have you been swindled out of your life savings in a massive Ponzi scheme? Are you looking for the perfect way to remember all those heady days of 15 percent returns before the market collapsed? Do you just love R. Allen Stanford's manly Texas mustache? via eBay listing We suggest you buy enough to re-tile your bathroom with this face. A Florida entrepreneur has the product for you! Kosmas Ballis, proprietor of the Fort Myers-based Edison Clay Co., is hawking ceramic tiles with the like

  April 16, 2009

• Thank You, 'Texas Monthly,' For The Best Allen Stanford Illustration Ever

  via Liz Lomax 3D Illustration, for Texas MonthlyTexas Monthly has a new feature story out about disgraced accused Ponzi schemer and frequent reporter threatener 'Sir' Allen Stanford. It's good, although ... cough, cough ... your very own New Times had a pretty good read on the same guy last month, if we don't say so ourselves. And we do.But that illustration! It's more accurate than any photo of Sir Allen could hope to be: the island of Antigua made out of piles of cash, the wild, shirtless exce

  April 28, 2009

• Ponzi Schemer Allen Stanford Finally Indicted, Arrested

  Back in April, New Times wrote the first in-depth story about the numerous warning signs over the years that once-billionaire Allen Stanford was running a gigantic $8 billion Ponzi scheme out of Miami, Houston and Antigua.via Wikimedia CommonsStanford in his cricket days.Today, Stanford is finally in custody and charged with 21 counts of conspiracy, mail fraud, wire fraud, money laundering and obstruction of justice. A Houston grand jury handed down the indictment, which also names three other H

  June 19, 2009

• Ponzi Schemer Allen Stanford Shows up for Hearing in Shackles, Pleads Not Guilty

  New Times' favorite accused Ponzi schemer, the island-ownin', mistress-swappin', cricket-lovin' Sir R. Allen Stanford, had his first day in court today.via Liz Lomax 3D Illustrations for Texas MonthlyStanford was finally charged last week with 21 counts of wire fraud, mail fraud, money laundering, and obstruction of justice in connection with his Antigua-based bank, which the feds say plundered $7 billion from thousands of investors.He showed up for his hearing today with shackles on his hands a

  June 25, 2009

• Ponzi Schemer Allen Stanford Raked It in Thanks to Lax Florida Regulations

  Way back in April, New Times reported on how Sir Allen Stanford built a $7 billion Ponzi scheme in the Caribbean thanks to blind regulators and political influence. via Liz Lomax 3D Illustrations for the Texas MonthlyYesterday, the Miami Herald fleshed out the local incompetance and greed that helped Stanford rake in more than $600 million from a plush downtown Miami office -- apparently without reporting any of the investments to state regulators. If you haven't read the Herald piece, here are

  July 6, 2009

• Ponzi Schemer Allen Stanford Checks into Hospital as His Right-Hand Man Pleads Guilty

  It's been an all-around terrible week for Sir R. Allen Stanford, the mastermind of an $8 billion Ponzi scheme run out of a lush downtown Miami office. (Here's our feature about the Miami players in his criminal empire, if you haven't read it.)via Liz Lomax 3D Illustrations for Texas Monthly​First came word this morning that James Davis -- Stanford's right-hand man, CFO, and the most famous dude in Baldwyn, Mississippi -- will enter a guilty plea in Houston court for his role in the fraud.

  August 27, 2009

• Former Miami DEA Chief Charged with Shredding Ponzi Schemer Allen Stanford's Docs

  A quick lesson for all the school kids feverishly getting a Riptide fix before class this morning: If you're working for a blatant Ponzi scheme (and don't worry, someday you will) and the SEC phones and tells you not to lose any documents, don't tell your employees to fire up the shredder. It's just a bad idea. Liz Lomax 3D Illustrations for Texas Monthly​Thomas Raffanello learned that the hard way -- and he really should have known better. Raffanello, a 61-year-old Coral Gables resident

  September 11, 2009

• President Obama fails to go after those responsible for the financial meltdown

  October 29, 2009

• Moron of the Week: Self-Destructive Ponzi Baller Sean Healy

  Photo via MySpace.com Never mind the fact hat he dresses like a club promoter. If your investment manager has a MySpace page, get a new investment manager.​Forget Flagler, Tuttle, and Brickell. We need to start naming streets and bridges after a historical figure whose legacy is honored every day here in South Florida: Charles Ponzi. With heavyweight scammers Bernie Madoff and Allen Stanford basing their operations here, we've become the nation's undisputed champion of the classic "Look

  October 30, 2009