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HOME : Miscellaneous : Art : Stanford Financial Group Framed and Matted Print HOLD

Stanford Financial Group Framed and Matted Print HOLD (MR12825)

Price: $395

Questions about this item?

Stanford Financial Group Framed and Matted Print

Very nice print of the Stanford International Group World Headquarters offices in Houston, TX

Professionally Framed and Matted in an attractive wooden frame with a metal plaque.

This print originated from the Stanford Financial Group Offices in Houston, TX
and was purchased at one of the auctions of seized assets
from the Stanford Financial Group of Companies.

Stanford Financial Group Rise and Fall

The Stanford Financial Group was a privately held international group of financial services companies controlled by Allen Stanford, until it was seized by United States .U.S.. authorities in early 2009.

Headquartered in the Galleria Tower II in Uptown Houston, Texas,
it had 50 offices in several countries, mainly in the Americas, included
the Stanford International Bank, and said it managed US$8.5 billion of assets
for more than 30,000 clients in 136 countries on six continents.

On February 17, 2009, U.S. Federal agents put the company under management of a receiver,
because of charges of fraud. On February 27, 2009, the U.S. Securities and Exchange Commission amended its complaint to describe the alleged fraud as a "massive Ponzi scheme".

On January 24, 2012, Stanford entered the Houston Federal Courthouse,
U.S. District Judge David Hittner presiding, and the trial began.

He was convicted by jury as the leader of a Ponzi scheme worth $7 billion in March 2012.
On June 14, 2012, Stanford was sentenced to 110 years in prison for cheating investors out of more than $7 billion over 20 years in one of the largest Ponzi schemes in U.S. history.

He is currently incarcerated at Coleman II USP in Sumterville, FL.
His release date is set for April 17, 2105.

This complex and tragic story will be litigated in the courts for
many more years to come and may never end.
Frame: 44" Width x 32" Height

Image Area: 31.5" Width x 19.5" Height
Very Good Vintage
Age Appropriate Wear
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Preparation, Timing and Shipment
Please Allow 7 to 10 Business Days Plus Shipping Time, Shipping Varies By Location and Shipping Method Chosen.
If Item needs restoration additional time will be required
(Determined by item or items being refinished or reupholstered)
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