Federal regulators say they do not know the whereabouts of billionaire Texas banker Allen Stanford, charged with a “massive” $8 billion international financial fraud.
“We are unaware of his whereabouts,” Securities and Exchange Commission spokeswoman Kimberly Garber said from Texas.
Asked if Stanford may be outside the United States, she said: “Certainly that’s a possibility, but we don’t know.”
U.S. marshals assisting the SEC have been unable to serve Stanford with court orders freezing assets and appointing a receiver to run his Stanford Financial Group companies since a raid on his Houston headquarters Tuesday, Garber said…
CNBC reported that he had tried to hire a private jet to fly one-way to Antigua from Houston, but the jet lessor refused to take his credit card.
Credit is tougher than ever – ain’t it?
UPDATE: The FBI grabbed him in Fredericksburg, Virginia.
Grab everything you can and run for it!
It’s the American way.
He’s wherever Ken Lay went after he faked his death in Colorado back in 2006.
I’m with that first guy on of being the American way though. Madoff should have planned an escape route.
Once again:
http://youtube.com/watch?v=fFGZufk4HFs
Try looking for him at George Bush’s “ranch”. Where else would a well healed Texan good ‘ol boy hang out?
Get Dog on the case or anyone else with a reward incentive and this scumbag will get turned in within 2 weeks. I don’t imagine the government ever being able to find him however. How can that be the case?
#5 That’s a lot of $. Easier to make yourself disappear…
Well, I checked, he isn’t in any of my closets.
This is becoming rather routine now. I remember when a $1M bank heist was a big deal and now people are numb to Billion dollar scams.
It’s astonishing what this economic low tide is uncovering.
Buy the aircraft operator a beer for refusing to fly him.
What is it with republicans and the hitler stash the last few years?
#5 Better send cameras with the Dog, or this guy’ll buy him off with pocket change.
All he needs to do is get to a third world nation where he can access his ‘secret accounts’ and he can hire a small army and still live ‘lifestyles of the rich and infamous’ the rest of his life.
Looks like a cop moustache to me.