Robert Allen Stanford: The Forgotten Fraudster

Does it seem like the case of Robert Allen Stanford was absent from news coverage? It seems that way to me. I mean, he’s no Bernard Madoff, but he ripped off investors for $8 Billion. Robert Allen Stanford is no less a fraudster than Bernie Madoff or anyone else. Though his particular Ponzi pilfered funds through bogus certificate of deposit instruments as opposed to fictitious securities trades, Stanford was quite masterful for a time in eluding suspicion about his investment activities. The typical modus operandi of most fraudsters is to project an image of greatness which is promulgated by their “pillar of the community” image visa vie involvement in non profit activities, significant donations to charity, and the perpetuation of the “good” their doing in their community and the world. Truth is, most of these guys are narcissists.