Wednesday, July 8, 2009

Stanford Employee Pleads Not Guilty to Arthur Andersen-esque Charges

"Thanks for the solid Bruce. Big Stan won't forget it"

An employee of the Fort Lauderdale office of Stanford Financial Group has plead not guilty to the destruction of documents. His attorney stating that Bruce Perraud will "clear it up". That's a relief.

The SEC has alleged that Perraud, "had a document-shredding company destroy a 95-gallon bin full of papers on Feb. 25, just days after the judge presiding over the SEC case had issued an order forbidding the alteration, removal or destruction of Stanford Financial records."

Clearing up why 95 gallons of paper being destroyed should be snap, just after Perraud pieces back together all the documents.
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