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

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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.


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