Friday, June 26, 2009

Vijay Stands By Financier Allen Stanford

Stanford Financial founder, Allen Stanford, is being held for swindling $7 billion from investors. Vijay tried to put up $500,000. as bail for Stanford. The federal magistrate, however, refused to allow Vijay to post the bail because he's not a U.S. citizen.

Stanford Financial was a sponsor of Vijay's for several years, an endorsement deal worth $8 million. According to a USA Today article, Vijay wants to help, since Stanford has only been charged and not yet found guilty. It's obvious a friendship existed given Stanford's company sponsored Vijay on the PGA Tour.

As a token of that friendship, Vijay tried to help. Half a million dollars is probably not much money to Vijay. Good for him for sticking up for a friend.

1 comment:

Gerald said...

Allen Stanford's school of serial swindlers use name dropping, stamped passports, falsified tax returns, and donations to St. Jude's to gain trust and power over private companies with aspirations to go public. According to SEC files, Sydney Trip Camper botched a deal with the Ahkoy family's Datec and was fired from Elandia Inc. by Allen Stanford. With help from his new partner in crime, Sydney Camper went on to his next victim in Los Angeles and ruined this private company by forming a shell holding company, opening secret bank accounts, and using all THEIR assets to get OTHER people to loan HIM money = PONZI SCHEME!!!! In true Stanford form, Sydney Camper moved on to InZon and Ed Berkhof is orchestrating a new scam with FMC Telecom. Frank Cassidy, owner of FMC Telecom, is either his new fellow fraudster or Mr. Cassidy has fallen victim to Ed Berkhof's new Ponzi scheme. The Ahkoy family is now suing Elandia in the Pacific and Florida courts. The FBI and SEC are investigating Allen Stanford, James M. Davis and their den of thieves including Sidney D. Trip Camper III and Ed Berkhof.