One Step Ahead Of The Gulf Cartel

Discretion is the better part of valor.

Found! Accused Scammer Stanford Turns in Passport in Washington

The billionaire banker accused of scamming $8 billion, R. Allen Stanford, was located by FBI officials today and served with civil papers by the SEC, putting an end to a nationwide search.

Stanford later turned in his passport to federal prosecutors, saying “he would not flee,” according to one of Stanford’s lobbyists, Ben Barnes.

Stanford was located in the Fredericksburg, Virginia area, the FBI said in a statement.

Damn right he turned himself in! As an exposed money launderer for the Gulf Cartel, he is almost surely contracted for death. Who’s scarier, the FBI or the most violent drug gang in Mexico?

See also:
Birds Of A Feather
Stanford Retains Williams & Connolly
Dodd Says He’ll Return Accused Financier’s Contributions
Stanford Burns Latin Americans Seeking Shelter From Currencies
Bank run by Stanford keeps mum while under scrutiny
Venezuela seizes Stanford bank after online run
Big run on Antigua bank; Stanford whereabouts unknown
Barbados Free Press
Williams & Connolly
Federal Bureau of Investigation

/mark my words, as degenerate as Stanford is, someone will stoop low enough make a movie of his life

Birds Of A Feather

Accused Financier Under Federal Drug Investigation

The SEC’s fraud charges may be the least of accused financial scammer R. Allen Stanford’s worries. Federal authorities tell ABC News that the FBI and others have been investigating whether Stanford was involved in laundering drug money for Mexico’s notorious Gulf Cartel.

. . .

A video posted on the firm’s web-site shows Stanford, now sought by U.S. Marshals, being hugged by Speaker of the House Nancy Pelosi and praised by former President Bill Clinton for helping to finance a convention-related forum and party put on by the National Democratic Institute.

See also:
Texas billionaire accused of $8-billion investment scam
Who is R. Allen Stanford?
R. Allen Stanford’s Private-Equity Connections
R. Allen Stanford and the Democrats’ Culture of Corruption
Stanford Financial Group
Gulf Cartel
National Democratic Institute
U.S. Marshals Service

/surprise, surprise!