Monday 17 January 2011

ARE CERTAIN ADVISORS OF STANFORD BANK VICTIMS LINING THEIR OWN POCKETS?

Over the weekend one of the self-appointed and so called ‘leaders’ of a group of Stanford victims issued yet another request for ‘donations’ from the victims. It is regrettable there will always be those who prey on the weak and needy, continually asking for money from victims who have already given all they can afford to give, and for what? What exactly have these individuals achieved with all the donations they have received over the last two years? What have all the donations been spent on, and why do some individuals continue to keep asking for more, when they can show nothing constructive for all the money they have collected?

The Stanford International Victims Group does not condone requests for donations by any of these individuals. Please discard any correspondence you receive from them asking for money.

The team behind this campaign has worked tirelessly, and without any need to request donations from any of the victims, and have done so for the benefit of all the Stanford investors.

The deadline for FTCA claims against the US Securities and Exchange Commission is approaching fast. This is a real possibility for full recovery of losses sustained by all the Stanford investors, irrespective of nationality or place of abode. All valid claims must be submitted correctly and timely before the 16th February 2011 deadline when the Statute of Limitations expires.

Please consult an attorney to submit your claims. Although the forms look straightforward enough, there is a plethora of case-law awaiting the unwary. Please ensure that the attorney you engage is willing to take your claim forward, should it be rejected or otherwise ineligible, and has experience of submitting FTCA claims.

Please contact your attorney without delay, or the attorney hired by the Stanford International investors Group: Kachroo Legal Services, Cambridge, Mass., who already have extensive experience of submitting FTCA claims for the Madoff investors. Email:info@kachroolegal.com

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