Stanford scandal The indictment of Sir Allen Stanford on charges ranging from wire fraud to bribery has provided an illuminating glimpse into how cross-border white-collar crimes are investigated and prosecuted, experts say.
Since February, when the US Securities and Exchange Commission accused the businessman of operating a $7bn Ponzi scheme – charges he has roundly denied – a motley crew of lawyers, regulators and government officials, restructuring practitioners, judges and irate investors have been forced to become conversant with the ins and outs of international law.
