Catch Me If You Can: Another White Man Caught Stealing Billions

- By Bossip Staff Categories: News, Uncategorized

Posted by Bossip Staff

sirallenstanford1

Bernie Maddoff was caught stealing over $50 billion and now there is a new case of billion dollar fraud:

Texas financier R. Allen Stanford is accused of cheating 50,000 customers out of $8 billion dollars but despite raids Tuesday of his financial empire in Houston, Memphis, and Tupelo, Miss., federal authorities say they do not know the current whereabouts of the CEO. The SEC alleges financier Robert Allen Stanford is running a Madoff-like scheme. The Securities Exchange Commission alleges Stanford ran a fraud promising investors impossible returns, much like Bernard Madoff’s $50 billion alleged Ponzi scheme.

While one-time is chasing that little guy on the street for a nickel bag of weed, we are pretty sure some rich folks are somewhere stealing billions. SMH. As you can see in the picture, this guy owned some banks in Antigua and everyone is trying to get their money out. Word is he tried to pay for a private plane ride yesterday to Antigua but the plane service wouldn’t accept his credit card, only a wire.

anitguabanking-customers

Here are some customers today trying to get their money out of the Stanford bank in Antigua. SMH.

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Comments

  • I Love Being Black

    1st?

  • I Love Being Black

    Slap on the wrist? Does he have to pay anything back?!?

  • http://myspace.com/870bg bg

    Just wait there will be more. He will get locked up in a Martha Stewart type prison for a few years and still have all the money he hid away… It’s actually not a bad trade off.

  • Mandah! aka Cranberry Sauce...BOSSIP I HATE YOU!! DONT MAKE ME CHRIS BREEZY THAT A$$!!!! I LUVS NO BUDDY BUT KID CUDI! SAHH!

    damn son wth are you gonna do w/ 8 billion dollars?!?!? YOU CAN NOT TAKE IT WITH YOU HON!

  • truth, iam a girl

    Terrible, I hope they get him and make him pay back everthing he owes to those people, which most of them are black! Dag screwed by RICH WHITE MEN AGAIN!!!

  • Betty

    For real these lil thiefs need to be hung literaly.

  • http://dicooper.spaces.live.com/ DICooper

    Nothing surprises me anymore.

  • Lauren the Lurker

    I’m with you DICooper

  • http://www.blackcelebkids.com Kiki

    Thank god we Guyanese got our money from Stanford. His 20/20 tournaments were the best here in the Caribbean

  • Oshie

    Can I just get a taste? let me just HOLD it mayne…

  • OL' PLAYER LOOKIN @$$ BOY

    White collar crime…it pays to be white in some cases..a black man can’t run a scam like this if he wanted to, the FEDS would lock him up at the turn of the first dollar

  • http://www.madamethejourney.com Madame

    I have a hard time feeling sorry for an of those investors … when a return projection sounds TOO GOOOD TO BE TRUE … damnit it might just be!!! They’re just as greedy … everybody is in it for themselves … he just temporarily outsmarted them …

  • NIKKI UNDERWOOD

    If I think about stealing a stapler from work Im pink slipped….how in the hell do they get away with this shit? HOW!?

  • NIKKI UNDERWOOD

    OH! I know…he hide it under that stache

  • NIKKI UNDERWOOD

    hid…you know what I meant….

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