Check fraud might seem old-fashioned in the digital era, but it’s on the rise as criminal gangs become increasingly sophisticated, according to The Wall Street Journal.
Most of the money the 18,000 investors put in—the Baton Rouge office alone wrote an estimated $2 billion worth of bogus certificates of deposit—is likely long gone.
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.
On Sunday, CBS’ 60 Minutes shined a spotlight on maternal health care in Louisiana and the impact that last year’s abortion ban has had on women at risk.