UNITED STATES - Stanford denies wrongdoing
Published: Wednesday | April 22, 2009
Stanford ...accused by United States regulators of carrying out an alleged multibillion dollar fraud - File
HOUSTON (CMC):
American financier Sir Allen Stanford has again denied involvement in a multi-billion dollar Ponzi scheme and is accusing United States regulators of lying against him.
In his second interview since the Securities and Exchange Commission accused him of conducting the scheme from his Antigua and Barbuda-based Stanford International Bank), Sir Allen said if the allegation turns out to be true, his chief financial officer, James M. Davis, should be blamed.
"It's devastated me to the core of my soul to see over 25 years of blood, sweat and tears, my life's work, to be taken from me," he told reporters.