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FBI asks Stanford Financial investors to come forward

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If you or someone you know has money with Stanford Financial Group or any of its affiliates, the FBI wants to hear about it.

From Bloomberg News:

The FBI is trying to identify ‘victims’ of Stanford Financial and its affiliated companies as part of an investigation into an alleged $8-billion fraud. The Houston office of the FBI today asked investors to provide investigators with the amount of their losses and recent statements. The Securities and Exchange Commission sued Texas financier R. Allen Stanford, two associates and three affiliated companies on Feb. 17, accusing them of orchestrating an $8 billion fraud through the sale of high-yield certificates of deposit through Antigua-based Stanford International Bank. The SEC called the alleged fraud a ‘massive Ponzi scheme.’ ‘The FBI is seeking to gather additional information from investors in order to identify victims and determine the extent of any potential fraud,’ the FBI said in a statement today.

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Go here to read the statement, which provides the FBI’s contact information.

-- Tom Petruno

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