Stanford surrenders passport, Antigua units seized (Reuters)

A client of the Stanford Bank Venezuela talks to an employee after closing time in Caracas February 19, 2009. (Alejandro Rustom/Reuters)Reuters – Regulators seized Texas billionaire Allen Stanford’s banks and companies in Antigua and Barbuda, the Caribbean state at the center of fraud charges against him, as the financier surrendered his passport to U.S. authorities.

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