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….

  • Loch Ness Monster

    NIKKI UNDERWOOD said:

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

    A stapler HAHAHAHAHAHA!!!

  • BKLYNZ OWN

    WHATS NEW!!

  • A screen name is hard to find......and a hard man is good find

    it’s about damn time, i dont know what the hold up was about….this guy has his own bank ‘stanford bank’…has or had an airline ‘caribbean star’..built a golf course next to the airport in antigua, gives away a million dollars to the winning team of 20/20 cricket and no one thinks something is up with this?

    i’ll have to say those ppl are damn stupid for putting they’re money into is gawdamn bank…really stupid

  • http://signoftimes@msn.org mild sauce part of the sauce family tradition

    White people have always hollered blacks dont invest their money… they spend it on jewelry, rims and whatever else….. Invest look what investing got em.. i say spend the hell out your money its better you spend it than some other shady azzwipe!

  • Canidid Canuck

    Ya dawg dang right Bossip… One-time works as an enforcer for those ” who-have” against those who
    “aint got”

  • always knew

    EQUAL JUSTICE UNDER THE LAW…Lil ray ray n’em are still locked up for some stupid ih..But they get off, with a fine of course…Did you know that they let Madood stay in his Manhattan penthouse on house arrest, and then they filed a civil suit to recover damages…. I want to see him get at least 50 years, hard time..His wife shuold go to jail too…You know she took $15.5 million out of the bank, 2 weeks before his scam came to light….

    Now this white garbage shows up..Anybody and everybody gets a break besides us..I am not condoning illegal activity, I am saying that the punishment should correlate with the crime:(

    The injustices in America. the real shame, both os these men were allowed to defraud because of the entitlement that their skin color provides…What blk or any other race of person, ha committed fraud to these degrees? And not been punished? Please, blk men get 15 years for stealing a TV…

    Will there ever be a court for these people, that will put the in check? We need the disparity in sentencing to stop. EQUAL JUSTICE UNDE THE LAW..NOT “JUST US” as the white judges see fit…

    This is why there should be a civi rights dept in every police station. So that the laws are applied equally and sentencing,as well….

  • http://www.k.com noelle

    Well he shoulda lent me a dolla

  • Lady J

    So common….these white men are able to get away with robbery for all these years simply b cuz they are white, and people don’t question their motives, micro-managed them or scutinize their every action like they do black men…..but guess what??…as a result of white people being prejudiced and having mistrust for black they are being taken advantage of by their own people…that’s why so many whites have lost their life savings and pensions….”May you reap what you sow” that’s what has happened to the ancestors of whites that received free labor from blacks for over 200 yrs of slavery…..Karma is a Bitch…..

  • Ummmmmm....

    More will come out. I’m still waiting on them to charge the a$$holes who signed off on all those shady CDO’s filled with bogus mortgages. SMH…

  • Wanda

    i just had the feelin something was fishy about tht man…..

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