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Posted on June 19, 2009 | tags

 
 

Biz, U.S.: Everybody’s favorite ponzi schemer, R. Allen Stanford, in custody

  • He surrendered to FBI agents while hanging at hs gf’s place. Stanford, who’s on the hook for $8 billion in freaking fraud, was arrested last night in the case. According to his attorney, Dick DeGuerin, here’s how it went down: “Federal agents in black SUVs surrounded his girlfriend’s house this afternoon, and just sat there. I told him to walk out and introduce himself. So he did, and he asked them, ‘If you’ve got a warrant, take me into custody. If you don’t, I’m going to Houston.’ And they did, so they arrested him.” He’ll be in court today. source