Miami Herald. This is damning stuff. I hope the pretend regulators involved to go to prison.
Employees for disgraced banker Allen Stanford were shredding records and sending pouches to Antigua stuffed with money — under the watch of Florida regulators.
He said agents should have tried to stop the destruction of records, particularly since money was going to Antigua. “I was a treasury agent. Antigua was one of the centers of money laundering in the Caribbean. On top of that, they’re shredding records. It doesn’t take a genius to figure out that someone needed to be asking questions.”
There’s lots more in the article too.