The infamous Allen Stanford hired a lawyer Tuesday to defend him against SEC charges that he defrauded investors out of $8 billion. The Dallas-based lawyer, Charles Meadows, specializes in tax litigation and white collar crime. The SEC has accused Stanford and two top aides of orchestrating a Ponzi scheme that it called a “massive ongoing fraud.” We’d advise Meadows to keep a receipt. (Reuters)
This is a companion discussion topic for the original entry at https://talkingpointsmemo.com/?p=145322