Content Tagged As ponzi_scheme
Tagged News
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Stanford victim expresses outrage after getting insulting check in the mail Play Video
July 15, 2016 6:56 PM
BATON ROUGE- A man who invested $65,000 with the Stanford group received a check recently after a court-appointed receiver located some of the money from the ponzi scheme. LV Reeves got less than a penny on the dollar for his investment, a check for $540. Reeves never joined in... more » -
Stanford victims still waiting to be made whole 7 years later Play Video
February 4, 2016 4:48 PM
BATON ROUGE - Next week will mark a somber seventh anniversary when investors in the Baton Rouge area lost everything with the Stanford Financial Group. Allen Stanford is serving a life sentence for running a Ponzi scheme that bilked investors out of nearly a billion dollars in our area.... more »