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Financier Stanford offers self to feds; no thanks, they say

Houston Chronicle: "R. Allen Stanford gave himself up to prove he hasn’t given up.

Stanford and lawyer Dick DeGuerin marched the few downtown blocks from DeGuerin’s office to the federal courthouse today to “surrender” Stanford to federal authorities even though there was no warrant for his arrest and he hasn’t been charged with any crimes.

Stanford, chairman of an international banking and financial services network called Stanford Financial Group, does face a civil fraud complaint filed by the Securities and Exchange Commission against him, his companies and two other executives.

“We want to surrender him into custody,” DeGuerin told the woman behind the glass at the U.S. Marshal’s office on the10th floor. Stanford stood nearby, his company insignia eagle pin on his lapel.

“We’re doing this to show he’s not running,” said DeGuerin. “He’ll face whatever they’ve got for him.”"

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