Posts Tagged ‘investor fraud’

SEC asks court to decide on compensation to Stanford victims

by MBJ Staff Published: December 15,2011

Tags: courts, federal government, fraud, investing, investment, investor fraud, investors, ponzi scheme, scam, scheme

WASHINGTON — The Securities and Exchange Commission (SEC) has asked a federal court to determine whether the Securities Investor Protection Corp. should provide compensation to victims of a Ponzi scheme perpetrated by the Stanford Group. Sen. Thad Cochran (R-Miss.) has supported efforts to have the SEC and SIPC address the losses incurred by investors, including […] [...]

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