Graves, Richmond pressure SEC chair to do more for Stanford Group victims

Stanford Group Exxon People
A popular place to find Baton Rouge-based Stanford Group advisors was at the ExxonMobil plant, where they pitched the fraudulent CDs to soon-to-be retiring employees. (Photo by Tim Mueller)

U.S. Reps. Garret Graves, R-Baton Rouge, and Cedric Richmond, D-New Orleans, are the latest members of the Louisiana congressional delegation to push for efforts to help victims of the Stanford Group Ponzi scheme recoup some of the more than $7 billion they lost more than a decade ago.

Already an INSIDER? Sign in.

We are glad you enjoy reading Business Report.

Continue reading this story and get ACCESS to all our content from any device with a subscription now.

  • Get access to more than a decade of story archives.
  • Get access to our searchable data center of TOP LISTS.
  • Get exclusive content only available to INSIDERS.