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SEC accuses Stanford of Madoff-type scam (AFP)

The US financial regulator has accused Texas financier Allen Stanford, seen here in 2008, of committing a multi-billion-dollar fraud like that of Wall Street swindler Bernard Madoff, documents showed Saturday.(AFP/File/Jewel Samad)AFP - The US financial regulator has accused Texas financier Allen Stanford of committing a multi-billion-dollar fraud like that of Wall Street swindler Bernard Madoff, documents showed Saturday.


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