Major Financial Institutions and Stanford Financial

Unfortunately, my position that Ponzi Schemes, such as those of Peter Dawson, Nicholas Cosmo, Andrew Bowdoin, and Bernard Madoff, have the implicit support of major financial institutions is holding true. According to reports this week, Stanford Financial investors are suing five major banks that handled customer deposits for Allen Stanford’s Antigua based, Stanford International Bank.

The suit alleges the Bank of Houston, HSBC Bank (HBC), Societe Generale (SCGLY.PK), Toronto Dominion Bank (TD), and Trustmark National Bank (TRMK) provided an “essential conduit” to Mr. Stanford’s alleged fraud. The suit specifically singles out HSBC and Toronto Dominion as handling a substantial amount of Stanford deposits.

Earlier this year, I filed lawsuits against Fiserv for its support in the Bernie Madoff fraud and against Bank of America for its support of the Agape World fraud. So it doesn’t surprise me that major banks are now being sued related to Allen Stanford’s alleged fraud.

As I’ve argued before, with every Ponzi scheme, large or small, a major financial institution is typically lurking in the background. Zamansky & Associates is investigating further how the alleged financial institutions may have contributed to Stanford’s fraud.

Comments

[john s. gordon:]

sic 'em tiger.
> jack

Aug 27 09:18 AM

[Graham and ...:]

It's "never" just a single bad actor. There are always a lot of colluders, most of whom don't get "caught." Talk about unindicted co-conspirators.

Aug 27 09:57 AM

[iviewit:]

Did I hear Proskauer Rose Attorney Thomas Sjoblom, sued by Pendergest-Holt for selling her down river is Attorney A in Fed Docs. He was also a regulator, wonder if it is the one they mention in Blood Oath between Stanford and Regulators, how wierd @ www.chron.com/disp/sto....
MADOFF + STANFORD + DREIER + SATYAM + FISERV + ALBERT HU + The 1031 Tax Group LLC - Edward H. Okun = PROSKAUER ROSE & FOLEY & LARDNER
Investors who have been burned in these scams should start to seek redress from the lawyers who were involved with these scams. I personally have been trying to notify regulators and authorities of a ONE TRILLION DOLLAR scam that is putting states like New York and Florida at huge risk, as well as, companies like Intel, Lockheed, SGI and IBM. The states and companies involved in the fraud fail to acknowledge the risk exposing shareholders and citizens to impending liabilities. Investigators, courts and federal agents ignoring the crimes and evidence, including a car-bombing attempt on my life. I know how Harry Markopolos felt trying to expose Madoff in a world without regulation.
Did I hear Proskauer Rose is involved in Madoff (involved many clients too) and acted as Allen Stanford's attorney. Investors who lost money in these scams should start looking at the law firm Proskauer's assets for recovery. First, Proskauer partner Gregg Mashberg claims Madoff is a financial 9/11 for their clients, if they directed you to Madoff sue them. Then, Proskauer partner Thomas Sjoblom former enforcement dude for SEC and Allen Stanford attorney, declares PARTY IS OVER to Stanford employees and advises them to PRAY, this two days before SEC hearings. Then at hearings, he lies with Holt to SEC saying she only prepared with him but fails to mention Miami meeting at airport hanger. Then Sjoblom resigns after SEC begins investigation and sends note to SEC disaffirming all statements made by him and Proskauer, his butt on fire. If you were burned in Stanford sue Proskauer.
Proskauer Rose and Foley & Lardner are also in a TRILLION dollar FEDERAL LAWSUIT legally related to a WHISTLEBLOWER CASE also in FEDERAL COURT. Marc S. Dreier, brought in through Raymond A. Joao of Meltzer Lippe after putting 90+ patents of mine in his own name, is also a defendant in the Federal Case.
The Trillion Dollar suit according to Judge Shira Scheindlin is one of PATENT THEFT, MURDER & A CAR BOMBING. For graphics on the car bombing visit iviewit.tv.
The Federal Court cases
United States Court of Appeals for the Second Circuit Docket 08-4873-cv - Bernstein, et al. v Appellate Division First Department Disciplinary Committee, et al. - TRILLION DOLLAR LAWSUIT
Cases @ US District Court - Southern District NY
(07cv09599) Anderson v The State of New York, et al. - WHISTLEBLOWER LAWSUIT
(07cv11196) Bernstein, et al. v Appellate Division First Department Disciplinary Committee, et al.
(07cv11612) Esposito v The State of New York, et al.,
(08cv00526) Capogrosso v New York State Commission on Judicial Conduct, et al.,
(08cv02391) McKeown v The State of New York, et al.,
(08cv02852) Galison v The State of New York, et al.,
(08cv03305) Carvel v The State of New York, et al., and,
(08cv4053) Gizella Weisshaus v The State of New York, et al.
(08cv4438) Suzanne McCormick v The State of New York, et al.
( ) John L. Petrec-Tolino v. The State of New York

Aug 28 08:30 AM