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As to Whether Allen Stanford Knew His CDs Were Worthless

Posted on August 27, 2010 by Caleb Newquist

“I think it’s obviously obvious.”

~ Forensic accountant Mark Berenblut, responding in the affirmative that R. Allen Stanford knew he was “misrepresent[ing] the liquidity and soundness of the CDs.”

Posted in Fraud, Quote of the DayTagged Fraud, Ponzi scheme, R. Allen Stanford

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