By ‘SDC OWES ME’
R. Allen Stanford boasted a portfolio of US $60 Billion at the time of the downfall his money laundering and mail fraud empire, before the American prison replaced his elegant homes and posh hotel suites.
He was not lying, and after the US managed to squeeze their US $7 Billion from the several holds, it seems as if they gave up on retrieving the last hundreds of thousands still outstanding.
Meanwhile the remaining US $50+Billion lodged in 6 off-shore companies registered in Antigua, continue to circle the globe.
With off-shore companies having attracted the watchful eyes of the Financial Agencies of the Government of the U.S. and Europe, the off-shore business is less talked about, but is still alive.
So who is responsible for the security of those illegal billions, and where are they lodged and under what name.
Seeing that Antigua seems to be harvesting its criminal expose in the Press in expectation of the US Court’s rulings, it just may be the right time to look for the Stanford loot.
The US liquidators were only looking for about US $8 Billion to satisfy their many senior depositors; so the US $50+ Billion left, owned by the depositors of the 112 countries ripped-off by R. Allen Stanford, has got to be lodged somewhere.
Recent international complications could cause the microscope on Antigua and its culture of welcoming strange scampish investors like Stanford, and those who went before him.
We must admit Antigua as a well advertised and recognized financial off-shore centre has had a failing grade in its Due Diligence, which has been filled by political involvement and self-enrichment by public officers at every level under the administration of both Parties.
They both loved, encouraged, and supported R. Allen Stanford.
In a situation where both parties were involved in the growth and development of the Stanford empire, one would ask why are they both so unconcerned about the final winding up of the Stanford assets, and the complete payoff of the past employees, some of whom are still unpaid.
But, are there any honest, untarnished persons in that support politic, who would dare to ask what happened to the Stanford Billions, which were in Off-shore companies registered in Antigua? Maybe now is the time to seize it, if it is still there!
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A bit of a contradiction. You lament the lack of honest public officials but you seek the seizure of funds and assets that were in-turn defrauded from a different group of people.