Though Bernie Madoff’s Ponzi scheme commanded much of the media’s attention, a lesser recognized Ponzi schemer had a less high profile but seemingly more intricate scam going on with countless ties to politicians, CEOs, and media personalities including Gregory Meeks, a Queens Congressman.
According to the Miami Herald, Allen Stanford had fired one of the people who ran one of his banks in Venezuela. The person fired was none too thrilled and threatened to expose the fraud that we not know Stanford was orchestrating.
In response, the very powerful Stanford convinced Congressman Meeks (who is one of …continue reading
