Antigua St John's - News broke recently that United States federal prosecutors have requested that R. Allen Stanford, recently convicted in a US$7 billion Ponzi scheme, be sentenced to the maximum 230 years in prison.
Caribarena has received the full text of the prosecution sentencing memorandum, which provides the rationale against which the US Justice Department is seeking to put R. Allen Stanford away for a very long time indeed, essentially the rest of his natural life.
In their statement the federal prosecutors describe Stanford in scathing terms, including such epithets as “ruthless predator”.
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10 Comments In This Article
Stanford innocent!
I don't believe them. I don't believe Stanford is guilty.
Ahdeymecomefrom
RE: Allen Stanford Sentencing Memorandum
Antiguan Abroad
@intrepid
To put those donations in perspective: Sir Allen spent less on ALL US political contributions, from US President down to Memphis, TN dogcatcher, in both parties, than he did to stage a single cricket game in Antigua. Exactly how much influence do you think **ance buys you in the US???
On the other hand, there have so far been no release of the figures of Antigua's political contributions (or loans, or money that apparently vanished after the xxA expropriation.)
Why are Wide and **son so quiet about this? When will they sue to recover the money like Janvey has in the US?
GoodJobBob
obvious
intrepid
@Antiguan Abroad
Apparently, you just have to use the google:
http://www.scribd.com/fullscreen/96337304?access_key=key-21pybb8gs41n83geg90q
GoodJobBob
@Antiguan Abroad
Contrast this to SIB where no independent authority has been granted access to whatever records (may still) exist and the GOAB has actively xxxxxd investigation and allegedly expropriated assets. Less than 10% of SIB's deposits have been identified, and less than 5% recovered.
The bottom line is that with just one more discovery, claw-back or court win, SIB may SURPASS the scale of the Madoff fraud.
GoodJobBob
RE: Allen Stanford Sentencing Memorandum
Spencer has nothing to do with King’s extradition – King has moved his legal problem through the courts (which is his rights) and they are still in the courts – I believe Spin Doctor knows this very well – but of course he is full of the ALP “talking points” and propaganda.
Eric
RE: Allen Stanford Sentencing Memorandum
I guess you are probably busy at the moment thinking up excuses for the power plant which currently only has one of the six generators working, well good luck with that one. Your best hope would be a fire to destroy all the evidence, now that would be an interesting coincidence if it were to go up.
Alternatively you could always come clean, admit you bought used generators without parliamentary approval and in violation of Antiguan law and tell us who benefited financially from this behind the scenes purchase!
I hear they are keeping a couple of cells ready, one fro King and one for Caught
Spin Doctor
RE: Allen Stanford Sentencing Memorandum
Truthful Victim
RE: Allen Stanford Sentencing Memorandum
Antiguan Abroad
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