Por: The Advocate Crime July 23, 2024
The long-awaited trial date for a class-action lawsuit in the is a little more than two weeks away, and the presiding judge has to decide how much of it should be argued in open court. Chief Judge Donald Johnson of the 19th Judicial District will have to weigh a “wave of perspectives,” he said during a July 1 hearing inside his Baton Rouge courtroom. Louisiana’s Constitution guarantees the public’s right to access judicial proceedings.... + full article
The Advocate USA Crime July 23, 2024
The in the courtroom when the long-awaited trial in the billion-dollar Stanford Trust Ponzi scheme begins Tuesday, according to a ruling by the state Supreme Court. Louisiana justices weighed in on the matter over the weekend, overturning decisions by First Circuit appellate... + más
TD Bank Agrees to Pay $1.2 Billion to Settle Ponzi Scheme Case | The New York Times
Testimony begins in Stanford Trust Ponzi scheme trial: 'It was quite a shock' | The Advocate
The Advocate USA Opinion December 14, 2023
Regarding Catherine Rampell’s column about Social Security, she states that “a single man who earned the average wage every year of his adult life before retiring at age 65 paid roughly $470,000 in taxes into the Social Security and Medicare systems but can expect to receive... + más
Kevin Bacon says he's recovered 'a portion' of money from Bernie Madoff’s infamous Ponzi scheme | Fox Business
Jeffries says ‘extreme MAGA’ Republicans consider Social Security a Ponzi scheme: ‘Must stop them’ | The Hill
The Advocate USA Crime November 19, 2023
Attorneys have in a class-action lawsuit filed against Louisiana regulators by 900 investors who lost their retirement savings in a multi-billion dollar Ponzi scheme. Six months ago, a Baton Rouge judge ordered the law firm representing the Louisiana Office of Financial... + más
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The Advocate USA Crime April 19, 2023
For 14 years, a lawsuit filed by 900 investors who lost money in a global Ponzi scheme based out of Baton Rouge has languished in court. Now an attorney representing hundreds of Louisiana plaintiffs in the class-action lawsuit is asking a state judge to put the case on a fast... + más
The New York Times USA Business February 28, 2023
TD Bank, one of Canada’s biggest lenders, said Monday that it had agreed to pay $1.2 billion to settle claims arising from a giant Ponzi scheme involving Stanford Financial, a scandal that erupted 14 years ago and cost ordinary investors some $7 billion.The bank said it had... + más
The Hill USA Politics February 10, 2023
House Minority Leader Hakeem Jeffries (D-N.Y.) said on Friday that “extreme MAGA” Republicans view Social Security as a “Ponzi scheme,” calling on Democrats to work to protect the program. “The Extreme MAGA Republican crowd claims Social Security is a Ponzi scheme.... + más
New Polling Shows the Power of MAGA Even as Support for Trump Fades | Time
On Hakeem Jeffries, media elites look like election-denier deniers | Fox News
Fox Business USA Business October 12, 2022
Check out what's clicking on FoxBusiness.com is speaking out after his family fell victim to the infamous Bernie Madoff Ponzi scheme of 2008. Bacon, known for his roles in Footloose and A Few Good Men, appeared on Monday’s episode of the SmartLess podcast and detailed how... + más
Feds dole out another $370M to Bernie Madoff victims — total now $4B | New York Post
More than $4 billion has been paid to thousands of Bernie Madoff victims | New York Daily News
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