Friday, February 03 2012
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Business & Economy
Witness Says He Warned Stanford on Ponzi Plan
Publication Date: 02/02/2012
Source: New York Times Online
In his first day on the stand, Mr. Davis described how Mr. Stanford had fraudulently made up insurance coverage to lure investors and had taken a blood oath with senior Antiguan bank regulators who would overlook his misdeeds and profit from them.
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