Investment Fraud Alleged Against Stanford Financial

by briankherrington on February 19, 2009 · 0 comments

in Consumer Law, News

R. Allen Stanford’s businesses have been shut down by the Securities and Exchange Commission pending an investigation of charges that they engaged in fraudulent investment practices such as:

  • lying about historical data related to their investment products and
  • promising unrealistic rates of return.

Stanford Financial has offices in Texas and Mississippi, namely Jackson, Columbus, and Tupelo.

The Mississippi Secretary of State has subpoenaed Stanford’s records in what could be a $9 billion fraud.

If you have investments with any of the Stanford Financial businesses, please contact us to protect your legal rights. Our number is 601.376.9331. Or, you can fill out the short submission form below, and we’ll get back to you immediately.

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