James M. Davis (born 1948) is the former chief financial officer of Stanford Financial Group. On 27 August 2009 he pleaded guilty to charges of fraud and obstruction of Justice in relation to a $7 billion investment fraudPonzi scheme allegedly run by the company.[1] On January 22, 2013, Davis was sentenced to five years in jail for his part in the Stanford Financial fraud.[2] He admitted that he was aware of Allen Stanford's misuse of funds and he assisted in keeping the misuse of funds quiet.[2] Davis was also sentenced to three years of supervised release and had a judgment of $1 billion placed against him.[3] He finished serving his sentence at Memphis FCI and was released on July 24, 2017.[4]
^Krauss, Clifford (2009-08-28). "'Blood Oath' Sealed Stanford Deal, Court Is Told". The New York Times.
^ abFormer Stanford Financial CFO Gets 5 Years in Jail, Wall Street Journal, January 22, 2013.
^Press Release, U.S. Attorney's Office. Former Chief Financial Officer of Stanford Group Entities Sentenced to Federal Prison for Role in Fraud Scheme and Obstruction, FBI, January 22, 2013.
The Stanford Ponzi Scheme: Lessons for Protecting Investors from the Next Securities Fraud: Hearing before the Subcommittee on Oversight and Investigations of the Committee on Financial Services, U.S. House Of Representatives, One Hundred Twelfth Congress, First Session, May 13, 2011
This article about an American businessperson born in the 1940s is a stub. You can help Wikipedia by expanding it.
james, davis, born, 1948, former, chief, financial, officer, stanford, financial, group, august, 2009, pleaded, guilty, charges, fraud, obstruction, justice, relation, billion, investment, fraud, ponzi, scheme, allegedly, company, january, 2013, davis, sentenc. James M Davis born 1948 is the former chief financial officer of Stanford Financial Group On 27 August 2009 he pleaded guilty to charges of fraud and obstruction of Justice in relation to a 7 billion investment fraud Ponzi scheme allegedly run by the company 1 On January 22 2013 Davis was sentenced to five years in jail for his part in the Stanford Financial fraud 2 He admitted that he was aware of Allen Stanford s misuse of funds and he assisted in keeping the misuse of funds quiet 2 Davis was also sentenced to three years of supervised release and had a judgment of 1 billion placed against him 3 He finished serving his sentence at Memphis FCI and was released on July 24 2017 4 See also edit nbsp Biography portal Ponzi scheme Allen Stanford Laura Pendergest Holt Stanford Financial GroupReferences edit Krauss Clifford 2009 08 28 Blood Oath Sealed Stanford Deal Court Is Told The New York Times a b Former Stanford Financial CFO Gets 5 Years in Jail Wall Street Journal January 22 2013 Press Release U S Attorney s Office Former Chief Financial Officer of Stanford Group Entities Sentenced to Federal Prison for Role in Fraud Scheme and Obstruction FBI January 22 2013 Inmate Locator Federal Bureau of Prisons External links editSEC website with details of Stanford case Stanford Financial Group Stanford International Bank Ltd Stanford Financial Group Receivership The Stanford Ponzi Scheme Lessons for Protecting Investors from the Next Securities Fraud Hearing before the Subcommittee on Oversight and Investigations of the Committee on Financial Services U S House Of Representatives One Hundred Twelfth Congress First Session May 13 2011 nbsp This article about an American businessperson born in the 1940s is a stub You can help Wikipedia by expanding it vte Retrieved from https en wikipedia org w index php title James M Davis amp oldid 1217568877, wikipedia, wiki, book, books, library,
