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Stanford investor body accuses Antigua of aiding Ponzi scheme

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NEW YORK (Reuters) – The Official Stanford Investors Committee and the court-appointed receiver of Allen Stanford’s financial empire have sued Antigua and Barbuda, the Eastern Caribbean Central Bank and 23 former Stanford Financial Group Co executives, accusing them of assisting in the financier’s $7 billion Ponzi scheme.

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Post Published: 19 February 2013
Found in section: Finance