Antiguan head regulator charged over Stanford
Leroy King, the chief executive of Antigua's Financial Services Regulatory Commission, has been charged by the Securities and Exchange Commission (SEC) over his alleged involvement in Allen Stanford's $8 billion Ponzi scheme.
The SEC said that King had been charged for "accepting thousands of dollars per month in bribes to ignore the Stanford Ponzi scheme and supply Stanford himself with confidential information about the SEC's investigation."
"Instead of buying the safe and sound investments he
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