re: Allen Stanford's Ponzi back in the news (Baton Rouge question)

I knew it from the other side - just watching in horror as an investment professional from afar. At the time, I remember trying to gin up interest among Baton Rouge folks and was surprised how much less press it got than all the other frauds of the era.

I remember being entertained at how his life's work was a "quixotic quest" to spread cricket to the western world. Vijay Singh was somehow (unwittingly) involved if I recall.

What a sign of the times that he was able to convince folks to put their money in "offshore CDs" yielding 9%. I always thought the client advisors who put clients into that shite should have been criminally liable also. What an absolute breach of fiduciary responsibility. I think there was an elderly doctor in BR that had been made to put like $17M in - everything.