Emma Chammah, a young professional in Baton Rouge, is one of the thousands of people who had money invested with the Stanford Group. She’s waiting—along with people who had millions with the firm—to see if she’ll see her savings again. “I quit my job to move to New York with my savings,” she says. “Now I’m not counting on getting my money back in April. I just hope I get it back eventually.” The ultimate fallout Baton Rouge might soon see will not be from investors who simply lost money, but those who received money and interest from Stanford products and now have to give it back. Read the Business Report story here.
Stanford investors could wait years for payback
Sign up for the free Daily Report email – local news about the people, companies and issues that impact business impact business in Baton Rouge and beyond.
