James Davis, a college roommate of Stanford’s who went on to become his moneyman, told a federal jury in Houston yesterday that in the summer of 1991 Stanford handed him a document and asked him to fly with it to London. There, he was to take the document to a 10-foot square cubicle and fax it to a potential client. The purpose of the trip, Davis testified, was to hide the fact that the company named on the document’s letterhead, British Insurance Fund Limited, didn’t actually exist….
‘Enforcement 40’ for 2020
Join Us On LinkedIn
Join the Securities Litigation and Enforcement Group on LinkedIn