Financial Times FT.com

Stanford panic spreads across Latin America

By Naomi Mapstone in Lima and Adam Thomson in Mexico City

Published: February 19 2009 01:54 | Last updated: February 19 2009 01:54

Peru, Mexico, Ecuador, Colombia and Mexico were the latest Latin American countries to experience the fall-out from the Stanford case on Wednesday.

Well-heeled investors queued at the offices of Stanford Financial Group’s Ecuadorean affiliate in the capital of Quito, demanding to know the status of their deposits.

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