Skip to main content

‘Blood Oath’ Sealed Stanford Deal, Court Is Told

NYTimes.com: "R. Allen Stanford’s relationship with the chief regulator of his Antigua bank was closer than most. At a meeting in 2003, they became blood brothers, cutting their wrists and mixing their blood in a “brotherhood ceremony” that Mr. Stanford’s chief financial officer said promoted an elaborate scheme to hide a multibillion-dollar fraud from American and other regulators, The New York Times’s Clifford Krauss writes.

The assertion that the two took a “blood oath” was laid out in a plea agreement signed by the officer, James M. Davis, and filed Thursday."

Comments

Popular posts from this blog