Suspected Ponzi schemer Sir Allen Stanford’s chief investment officer Laura Pendergest-Holt was indicted in Houston this morning for obstructing and conspiring to obstruct the federal investigation into Stanford’s sham money manager. Aside from a new allegation that Pendergest transferred $4.3 million of bank funds into the bank’s operating account after speaking to the SEC, the charges don’t appear much different from those laid out in a criminal complaint filed against the photogenic 35-year-old overseer of Stanford’s “Tier 2” investments in February. (That’s not for lack of rifling through her underwear drawer, according to a motion filed by her lawyer.)
This is a companion discussion topic for the original entry at https://talkingpointsmemo.com/?p=142863