[GUEST ACCESS MODE: Data is scrambled or limited to provide examples. Make requests using your API key to unlock full data. Check https://lunarcrush.ai/auth for authentication information.]  kristen shaughnessy [@kshaughnessy2](/creator/twitter/kshaughnessy2) on x 24.3K followers Created: 2025-06-19 20:32:57 UTC It wasn't just Bernie Madoff's ponzi scheme the SEC is accused of ignoring. Remember former billionaire, now inmate, Allan Stanford?? Despite the SEC's alleged attempts to protect him, Stanford was indicted n 2009, convicted in 2015, sentenced to XXX years and in January 2025 ordered to pay $XXX Billion And billionaires don't do so well in prison ""Now, nearly one year in detention later, Mr. Stanford's incarceration has reduced him to a wreck of a man," Bennett wrote..... Bennett said Stanford can no longer see out of his right eye or feel anything on the right side of his face after he was beaten by an inmate last year...." The people he ripped off had to fight for years.... "...In their lawsuit, the investors claim that on four instances and as early as 1997, the SEC determined that Stanford was running a Ponzi scheme. Still, the agency did not act accordingly and failed to notify the Securities Investor Protection Corporation. Investigators did not bring charges against Stanford until 2009, in the wake of the global financial crisis. The government moved to dismiss the case, but U.S. District Judge Robert Scola rejected the motion. He ruled that if the SEC knew Stanford was running a Ponzi scheme as alleged by plaintiffs, the agency was obligated to report it...." -CNBC @mybeatricenotes @Hamnakedshorts  XXXXXX engagements  **Related Topics** [realdonaldtrump](/topic/realdonaldtrump) [Post Link](https://x.com/kshaughnessy2/status/1935797973977305412)
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kristen shaughnessy @kshaughnessy2 on x 24.3K followers
Created: 2025-06-19 20:32:57 UTC
It wasn't just Bernie Madoff's ponzi scheme the SEC is accused of ignoring.
Remember former billionaire, now inmate, Allan Stanford??
Despite the SEC's alleged attempts to protect him, Stanford was indicted n 2009, convicted in 2015, sentenced to XXX years and in January 2025 ordered to pay $XXX Billion
And billionaires don't do so well in prison
""Now, nearly one year in detention later, Mr. Stanford's incarceration has reduced him to a wreck of a man," Bennett wrote..... Bennett said Stanford can no longer see out of his right eye or feel anything on the right side of his face after he was beaten by an inmate last year...."
The people he ripped off had to fight for years....
"...In their lawsuit, the investors claim that on four instances and as early as 1997, the SEC determined that Stanford was running a Ponzi scheme.
Still, the agency did not act accordingly and failed to notify the Securities Investor Protection Corporation.
Investigators did not bring charges against Stanford until 2009, in the wake of the global financial crisis.
The government moved to dismiss the case, but U.S. District Judge Robert Scola rejected the motion.
He ruled that if the SEC knew Stanford was running a Ponzi scheme as alleged by plaintiffs, the agency was obligated to report it...." -CNBC
@mybeatricenotes @Hamnakedshorts
XXXXXX engagements
Related Topics realdonaldtrump