No Violation In SEC Cooperation On Stanford: DOJ

Law360, New York (October 26, 2010, 3:24 PM EDT) -- Prosecutors accused by alleged Ponzi schemer Robert Allen Stanford of violating his civil rights by cooperating with their U.S. Securities and Exchange Commission counterparts in building a case against him have struck back, calling the information sharing a benign and court-mandated process.

Moreover, Stanford’s claim that the U.S. Securities and Exchange Commission violated his civil rights by distributing his remaining assets to his alleged victims “reflects the mindset of a person who showed no compunction in stealing investors’ money to fund his lavish lifestyle,” prosecutors said...
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