Stanford Was a Drug Informant: Report

Fraudster was likely shielded from SEC in 2006 for his trouble

By Jason Farago,  Newser Staff

Posted May 11, 2009 7:34 AM CDT

(Newser) – Allen Stanford may have received earlier protection from the SEC by working as a drug trade informant, a BBC investigation has found. The accused fraudster’s bank paid $3.1 million to the DEA a decade ago as a middleman for a Mexican drug lord,...   Read full story »


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