Ponzi schemer Allen Stanford’s lawyer-collaborators Greenberg-Traurig settle for under 1% of scam, no jail

Lucy Komisar
Nov 7 · 10 min read

What happens when a major U.S. law firm helps a client steal billions from his victims in the largest Ponzi scheme after Bernie Madoff? When it’s a well-connected U.S. law firm, nobody goes to jail and it has to settle only for less than 1 percent of the scam. And of course, this will be all over the front pages, right? Well, no. You probably don’t know about it.

A major U.S. law firm Greenberg Traurig just a few weeks ago agreed to pay $65 million to…

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