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Video: Stanford, in Tears, Denies All

Tuesday, 07 Apr 2009 10:33 AM

Flamboyant financier 'Sir' Allen Stanford expects to be indicted by a federal grand jury in the next two weeks, he told ABC News in an interview in which he cried, denied wrongdoing and threatened to punch his questioner in the mouth.

"I would die and go to hell if it's a Ponzi scheme," Stanford said in reaction to civil allegations from the Securities and Exchange Commission that he bilked thousands of customers in an $8 billion fraudulent scheme involving "self-styled certificates of deposits" with "improbable" rates of return.

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Flamboyant financier'Sir' Allen Stanford expects to be indicted by a federal grand jury in the next two weeks, he told ABC News in an interview in which he cried, denied wrongdoing and threatened to punch his questioner in the mouth."I would die and go to hell if it's a...
standard,denial
93
2009-33-07
Tuesday, 07 Apr 2009 10:33 AM
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