| Mar 04 |
An investment fraud lawyer can help Stanford customers, employees
Stanford, which has offices in the Houston Galleria/Uptown area, already has had its assets frozen and has been placed in a receivership. The Securities and Exchange Commission has filed a civil fraud complaint against Stanford, alleging an $8 billion “Ponzi” scheme in which money from new investors was used to pay dividends to older investors. |
It’s bad enough that the United States economy is in dire straits as the stock market plummets and millions face unemployment. But on top of that comes another alleged investment fraud scheme that could be taking many millions — if not billions — of dollars from investors, this time those with Stanford Financial Group.