Home Business Stanford Group scandal’s final act

Stanford Group scandal’s final act

The final legal maneuvers seem to be playing out 14 years after the Ponzi scheme financially and emotionally ravaged the lives of so many Baton Rouge investors.

By
David Jacobs
-
Stanford Group
ROLE REVERSAL: After losing $1.2 million in the Stanford Group scandal, a then-retired Blaine Smith was forced to sell his Bocage Lake home and return to work. He has since become an activist, keeping the pressure on officials to help Stanford victims recover their money. (Don Kadair)

The final act of the Stanford Group scandal seems to be playing out 14 years after the Ponzi scheme financially and emotionally ravaged the lives of so many Baton Rouge investors.


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