Allen Stanford’s Back – Slow to Justice R. Allen Stanford’s Trial Slogs On
Our good friend R. Allen Stanford is back in the news. His trial for the $7 billion dollar fraud he allegedly perpetrated.
To refresh memories regarding Mr. Stanford’s alleged crimes and his passion for cricket see the previous post here and here – and some good lessons on operational due diligence.
The first day of jury selection has ended in the oft-delayed trial of jailed Texas financier R Allen Stanford, who is accused of bilking investors out of $7billion in a vast Ponzi scheme. A federal judge spent Monday questioning 80 potential jurors. Stanford emerged in chains.
In other Stanford news, Bloomberg is reporting that the SEC is asking a judge to determine a payout plan for Stanford victims.
Here are old videos of Stanford in his own words talking about Antigua:
And video of Stanford being treated after being beaten by fellow inmates in prison:
Operational Risk Consulting Focus at New Orlean’s Alternative Investment Conference Panel
It has been announced that Jason Scharfman,Managing Partner at Corgentum Consulting will moderate the alternative investments
panel session at the upcoming Opal Investment Education Symposium. The conference is being organized in conjunction with the Louisiana Trustee Education Council (LATEC).
At the panel sessions, it is anticipated that Mr. Scharfman will focus the discussion on upcoming trends in operational risk in alternative investments including hedge funds and private equity funds. Other topics which are anticipated to be discussed include the role of operational due diligence consultants such as Corgentum in designing a comprehensive operational due diligence solution, and operational due diligence challenges institutional investors can expect in 2012.
The panel Mr. Scharfman will moderate will be entitled, “Investing in Alternatives” and will take place on Wednesday February 15, 2012 at the Astor Crowne Plaza in New Orleans, LA.
To register for the event here, please visit the conference website.
Corgentum Launches Twitter Feed – Focus on Operational Due Diligence
Corgentum Consulting now has a Twitter feed!
Corgentum’s feed will provide news and updates on Corgentum Consulting. Followers of Corgentum’s Twitter feed will also be alerted to news and events related to the hedge funds, private equity and operational due diligence.
Visit the feed directly by clicking here or follow Corgentum click on the following image: Follow @Corgentum
