We use cookies on this site to enable your digital experience. By continuing to use this site, you are agreeing to our cookie policy. close

Ex-Stanford CEO Tries To Toss $3M Suit Over Ponzi Plot

Law360 (April 26, 2011, 3:36 PM EDT) -- Ex-Stanford Group Co. CEO Danny Bogar moved Monday to squash a $3 million lawsuit brought in Texas by the court-appointed receiver in charge of recovering money for victims of Robert Allen Stanford's alleged $7 billion Ponzi scheme.

Danny Bogar and his wife, Brandilyn, fought back in a motion to dismiss against receiver Ralph S. Janvey's Texas federal court accusations that they scored millions of dollars raised from Stanford's sale of allegedly fraudulent certificates of deposit.

They argued that Janvey incorrectly assumed that Danny Bogar's entire income...
To view the full article, register now.
Law360 Pro Say Podcast
Check out Law360's new podcast, Pro Say, which offers a weekly recap of both the biggest stories and hidden gems from the world of law.