Today news
About the same in other media
US judge rules HSBC, Toronto-Dominion Bank stand trial over links to $7bn Allen Stanford Ponzi scheme
Reading now: 413
fnlondon.comToronto-Dominion Bank, HSBC Bank PLC and other banks linked to convicted fraudster R. Allen Stanford must stand trial over claims they supported his $7bn Ponzi scheme and should repay defrauded investors, a federal judge ruled.
Judge David Godbey of the US District Court in Dallas on 20 January denied a request by the banks to avoid trial in a lawsuit brought on behalf of investors bilked by Stanford, citing evidence the banks knew his operation wasn’t on the level but still did business with him.
The...
Read more on fnlondon.comAbout this in other media
Stealth rulemaking: Is proposed SEC rule with no mention of crypto a threat to DeFi? cointelegraph.com /2 years ago
SEC's proposed rule on exchanges could threaten DeFi, says Crypto Mom cointelegraph.com /2 years ago
Averted a year ago, controversial transaction monitoring rule is back on Treasury’s radar cointelegraph.com /2 years ago
Show more
The website finance-news.co is an aggregator of news from open sources. The source is indicated at the beginning and at the end of the announcement. You can send a complaint on the news if you find it unreliable.
