DOJ, Ontario Reach Deal To Release $18M To Stanford Receiver

By Jess Krochtengel (July 26, 2012, 6:09 PM EDT) -- The receiver for Stanford International Bank Ltd. will request approval Friday in Canadian court of an $18 million settlement between the U.S. Department of Justice and the Ontario attorney general that would allow the AG to release frozen funds related to R. Allen Stanford's Ponzi scheme, the receiver's attorney said....

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