FBI Seeks Stanford Victims

March 10. 2009

R. Allen Stanford

The FBI is seeking victims of the R. Allen Stanford ponzi scheme. Had they done this 10 years ago, when THEY KNEW he was robbing people all over the world, that insincere article on their website this week, might have been impressive.

However, their galling attempt at butt covering is something else:

“The FBI understands the devastating financial, emotional, and physical impact that fraud can have in the lives of individuals and families. We see it every day. Even in these large-scale cases, the victims and their losses are not just numbers to us.

Even when we cannot restore lost funds we can usually provide help, hope, and support as we also work to bring justice to the perpetrators who are suspected of inflicting the damage.” - Kathryn Turman, Director of our Office for Victim Assistance.

What a crock! They've known for over a decade what Stanford has been up to and in light of that, there is no excuse for their criminally negligent, corrupt conduct. Once again, the FBI sat idly by, while another swindler was living the high life off victims' hard earned money and assets.

They watched and deliberately did not bring him to justice 10 years ago, allowing this imposter to live like a king, maintain several women in luxury, at a cost of tens of thousands of dollars each per month, take expensive trip after expensive trip, purchase luxury item after luxury item, which includes homes, expensive cars and a fleet of aircrafts.

And now all of a sudden, the FBI wants to do something about it - when so much damage has been done. The only way to truly fix this criminal negligence and financial loss is for the U.S. government to cough up the difference, as the FBI has only found peanuts in missing funds. Stanford should face a very serious prison sentence as well for all the trauma and financial chaos.

Every FBI employee that knew about this ponzi scheme for years and did nothing should be fired, fined and imprisoned. The investors’ money is gone and you can’t replace that. You should lose all your assets for knowingly sitting on evidence that damaged people all over the world.

Side bar: by the way, the FBI’s Victim Assistance Program is complete garbage. They sent me a pamphlet for it in 2006, along with their standard victim of crime form letter.

Since that time, the criminals in the case tried to have me murdered twice on two separate occasions one year apart, broke into my home several times and stole case files and copyrighted CD-ROMs, sent kooks to harass me in public, hacked my computers daily and wiped out research files for my patents (I have backups).

All of this landed me in the hospital for 3 days with a stress induced brain hemorrhage that spawned a hospital bill that is $42,000 and counting (I checked the balance today and thought it was April Fools, but the hospital is being nice and I appreciate it). Like I said, the FBI’s Victim Assistance Program is pure garbage – Arnold Schwarzenegger in Commando couldn’t survive it. If it weren't for the grace of God, I would not have survived their criminal negligence (but you'll "Reap what you sowed").

The FBI takes millions in taxpayer money from Congress for the Victims Assistance Program and leaves defrauded victims to die.

To the Stanford victims: don’t give up, demand justice and if you have to, form a group, the more the better and make sure the FBI is held legally accountable.

After all, it’s the FBI’s fault that another conman got to squander so much of your hard-earned money, while they gave him a free pass for a decade and went off on wild goose chases, trying to get face time in looking for DB Cooper and Jimmy Hoffa. Really, even Jimmy Hoffa doesn't know where Jimmy Hoffa is (rhetorical).

SEEKING VICTIMS - In the Stanford Financial Group Case

03/09/09 - Have you invested in the Stanford Financial Group or its affiliated companies in recent years? If so, you may be a victim of a multi-billion dollar investment fraud.

The Stanford Financial Group, which provides wealth management services to customers in some 140 countries, is under FBI investigation. On February 26, its Chief Investment Officer was charged with obstructing a separate investigation by the U.S. Securities and Exchange Commission.

Our case is ongoing, and while we can’t provide any additional information on our investigation at this time, we do need to hear from you to identify victims and to determine the extent of the potential fraud.

What we need to know:

* Your basic contact information (name, address, country, telephone numbers, e-mail address);
* Your investments/losses with Stanford Financial Group or its affiliated companies: Stanford Capital Management, the Stanford Group Company, the Stanford International Bank, the Stanford Trust Company, and the Bank of Antigua;
* Whether or not you can verify your investments/losses by providing your most recent financial statements; and
* Any additional information that may be helpful.

How to provide the above information:

* Submit via a dedicated e-mail address: stanford.group@ic.fbi.gov

If you have investigative information that might help our case, please use our electronic public leads and tips form at https://tips.fbi.gov/.

Please send copies of any hard copy documentation to:

FBI Victim Assistance Program
Post Office Box 924427
Houston, TX 77292-4427

If we determine that you are a victim, we will be in touch with you. Please note: due to the number of expected responses, you may not hear back from us for several weeks.

Investors may also call (713) 693-5699 for recorded information on the victim assistance program. At this time we are unable to accept messages on this line because of expected call volume.

“The FBI understands the devastating financial, emotional, and physical impact that fraud can have in the lives of individuals and families,” says Kathryn Turman, Director of our Office for Victim Assistance. “We see it every day. Even in these large-scale cases, the victims and their losses are not just numbers to us. Even when we cannot restore lost funds we can usually provide help, hope, and support as we also work to bring justice to the perpetrators who are suspected of inflicting the damage.”

Due to the large number of people affected by this case, we are establishing a special website just for victims to receive updated information about the case and victim assistance resources. We will provide you with information on how to access the website when it becomes operational.

In the meantime, we’re providing the following resources that may be of help to you:

* The IRS Taxpayer Advocate Service (pdf)
* Rights, Roles, and Responsibilities Handbook for Federal Fraud Victims (pdf)
* Help and Suicide Hotline Numbers
* FBI Victim Assistance
* Department of Justice Office for Victims of Crime

More resources:
- Houston press release
- U.S. Securities and Exchange Commission Information for Investors

http://www.fbi.gov