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Allen Stanford savagely beaten in prison, defense in disarray

Allen Standford (Standford group news) should thank Bernard Madoff, who continues to get most of the attention when it comes to epic Ponzi schemes (fraud news). If it weren't for Madoff, Stanford... Read more...

Allen Stanford's old friend turns on him

Allen Stanford, the accused hedge fund fraud artist, is having a tough time dealing with his new Madoff-like status. Prison has been tough on him. He was hospitalized again on Thursday with an... Read more...

The rise of asset hunters?

All the financial industry fraud as of late--the Madoffs, the Stanfords and all the others--has led to a boom in the "murky business of asset forfeiture," reports Business Week. "Long a staple of the... Read more...

Who is Allen Stanford, really?

There's perhaps only one guy that's glad Allen Stanford has emerged as a financial villain of colossal proportions. That would be Bernard Madoff, who likely is happy to have someone take the glare... Read more...

Big run on Antigua bank; Stanford whereabouts unknown

A day after Texas billionaire Allen Stanford, of the disgraced Stanford Group, was charged with running an $8 billion fraud, the lines have lengthened at Stanford-linked banks in Antigua and Caracas.... Read more...