‘Stanford’s case will open a hornet’s nest’ — RT

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‘Stanford’s case will open a hornet’s nest’

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Published: 25 February, 2009, 02:35

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TAGS: Crime, Scandal, Obama, Bush, USA

The case of Allen Stanford will open a hornet’s nest says Wayne Madsen, a Washington-based investigative journalist and columnist.

A U.S. billionaire is under investigation for committing an alleged $US 8 billion financial fraud scheme.

Stanford, who's fortune is estimated at $US 2.2 billion, operates businesses in the U.S., Europe and in the Caribbean.

He has also donated money to politicians, including Barack Obama.

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