Feb 27 2009
First arrest made in Stanford fraud case
The FBI made the first arrest in the Stanford Financial Group fraud investigation Thursday, detaining Chief Investment Officer Laura Pendergest-Holt on federal obstruction charges.
Feb 20 2009
Missing billionaire found in Virginia
Federal agents have located financier Robert Allen Stanford and served him with papers accusing him and three of his companies of orchestrating a $9.2 billion investment fraud scheme, the FBI said Thursday.