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April 4, 2012 Webinar Invite
Stanford International Bank, Ltd. (In Liquidation) - Invitation to Online Presentation for the creditors/victims on April 4 at 11:00 a.m. EDT Dear Creditors/Victims - The Joint Liquidators of Stanford International Bank, Ltd. invite you to attend their 3rd online presentation: - LIVE Webinar featuring joint [...]
Justice Watch: Department of Justice fights for $330 million in foreign Stanford proceeds
When it comes to laying claim to the lucrative remains of fallen fraud empires, the DOJ is certain it can serve victims better than expensive court-appointed receivers, trustees or liquidators. John Pacenti When it comes to laying claim to the lucrative remains of fallen fraud [...]
STANFORD INTERNATIONAL BANK JOINT LIQUIDATORS INTRODUCE NEW ON LINE CLAIMS FORM
Based on creditors/victims feedback, the Joint Liquidators of Stanford International Bank released a new interactive claims form today in efforts to make the process for filing a claim more user friendly and efficient. While this form does not change the information that is required to [...]
ANTIGUAN JOINT LIQUIDATORS OFFICIAL STATEMENT REGARDING ALLEN STANFORD’S CONVICTION
The Joint Liquidators of Stanford International Bank, Marcus Wide and Hugh Dickson, today welcomed the guilty verdict in the trial of Allen Stanford. “Allen Stanford’s actions have hurt thousands of innocent people, some of whom lost their life savings. While a guilty verdict cannot reimburse [...]
Stanford Investors Endure ‘Living Hell’ on Eve of Trial
By Andrew Harris and Laurel Brubaker Calkins (Updates with fee summary in sixth, seventh paragraphs.) Jan. 20 (Bloomberg) — R. Allen Stanford’s investors, after waiting three years to see the Texas financier go to trial on charges of leading a $7 billion fraud, must hold [...]
New claims process slated for Stanford bank victims
by Patsy R. Brumfield/NEMS Daily Journal 01.18.12 – 04:39 pm Investors who lost money in the failure of Antigua-based Stanford International Bank Ltd. should submit formal claims, its liquidator said Wednesday. More than 30,000 investors worldwide lost more than $7.2 billion when the bank and [...]
Stanford Liquidators Ask Fraud Victims to File Claims for Money
By Kit Chellel – Jan 18, 2012 Liquidators of R. Allen Stanford’s Antigua-based bank said investors who lost money in the alleged $7 billion fraud should submit formal claims to creditors. Grant Thornton LLP, appointed by an Antiguan court to wind up Stanford International Bank, [...]
STANFORD INTERNATIONAL BANK JOINT LIQUIDATORS ANNOUNCE CLAIMS PROCESS
FOR IMMEDIATE RELEASE Claims Process in Place for Fraud Victims ANTIGUA-January 18, 2012– The Joint Liquidators of Stanford International Bank released details of their initiation of the formal claims process to set the amount of claims of all creditors of the Bank. The formal claims [...]
Stanford Development Company’s sale of land could benefit creditors of Allen Stanford’s alleged Ponzi scheme
FOR IMMEDIATE RELEASE SALE OF LAND PARCELS COULD BE WIN-WIN SITUATION FOR GOVERNMENT AND STANFORD CREDITORS ANTIGUA-January, 2012– The Government of Antigua would like to acquire two parcels of land which adjoin the airport as part of its redevelopment program. These parcels are part of [...]
Letter from Marcus Wide to Senators Vitter, Shelby, Cochran and Wicker
Click the link below for a copy of a letter sent yesterday evening by Marcus Wide to Senators Vitter, Shelby, Cochran and Wicker explaining SR346 may be based on misunderstanding of facts. > Letter from Marcus Wide 12/12/11