Stanford Financial Group-7 Billion Dollars Scam or Fraud

The world is filled with greedy people.

Just immediately after the Madoff’s scam case of a 50-billion-dollar pyramid scheme last year,next we have the seven billion dollar fraud in Houston-based Stanford Financial Group

Details:

James Davis,60,the former chief financial officer of Houston-based Stanford Financial Group,pleaded guilty to fraud and obstruction charges. [...]