I think this one will be bigger than Madoff. No one knows how much of the $50 billion is left or even where Stanford is. All these links come from the Business Insider family of sites who are doing a superb job of reporting and digging.
Of course, this “he’s gone” talk is coming from the SEC which would be unable to find its own ass with a full-length mirror and a multilingual diagram. Either that, or the speculation that Stanford has been enjoying the help of certain Federal agencies has some merit. We wondered before why Sir Allen should have such a large presence in Venezuela and Ecuador.
We don’t know which one it is, but some commenters suspect it could’ve been the CIA.
After all, last year, Stanford’s Venezuelan offices were raided on suspicion that the billionaire was a US government tool, involved in spying.