Report: Feds investigating Stanford’s ties to Congress

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A sweeping federal investigation has been launched into the connections between Robert Allen Stanford, accused of running a massive Ponzi scheme, and members of Congress, The Miami Herald reports. Justice Department officials are determining if the millions in political contributions made by Stanford and his employees led to special favors. Just hours after Stanford was charged with operating the $7 billion scheme this spring, U.S. Rep. Pete Sessions, a Texas Republican, sent the disgraced financier a message. “I love you and believe in you,” reports the newspaper. Read the full story here.

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