Financial Times FT.com

Stanford scandal

Stanford receiver pinpoints $1.5bn

By Stacy-Marie Ishmael in New York

Published: October 29 2009 22:40 | Last updated: October 29 2009 22:40

Ralph Janvey, Stanford receiver
Ralph Janvey has been aggressive in his attempts to recover assets of the complex Stanford empire

Investors in Sir Allen Stanford’s alleged $7bn Ponzi scheme may be able to recover about one-fifth of their principal, according to the receiver appointed by the US courts to administer the estate’s assets.

You have viewed your allowance of free articles. If you wish to view more, click the button below.

Read this