Reuters first on developments in the Stanford fraud story

Reuters was first on major aspects of the fraud case against colourful Texas billionaire Allen Stanford and his companies. Reuters was first to report that U.S. marshals had swooped on his Stanford headquarters as the case against him was filed. Reuters was first from Stanford’s Antigua base with news of depositors queuing to get their money out, the regulator’s take on him, the accounting firm that purported to audit his books, and a big real estate investment that may sour and first to report details of the fraud case, including emails that showed a client manager was dealing with a panicked client, details from the SEC about how it first began on-site visits to Stanford’s Houston headquarters and an affidavit naming the Pershing clearing firm executive who became the SEC’s whistle blower. Reuters was also ahead with interviews with his father and stepmother in Mexia, Texas, and tracking down other associates there. Reuters was ahead with the impact on British cricket and alone with an exclusive on his role in the sport of polo. Finally, Reuters was first in writing about his business empire’s interests in the U.S. Virgin Islands, where he was building a massive new operation.