Wednesday, February 18, 2009

Stanford Group Collapses Charlotte Office Dark

The Stanford Group collapse and SEC accusation that the firm was running a massive 8 Billion dollar fraud will bring Bernie Madoff like drama to the Carolina's as local investors stand to lose millions. The Stanford Group has local offices in Charlotte, Asheville, and Greensboro, North Carolina

The Charlotte office at 4725 Piedmont Row Drive remained dark, chained with a US Marshal Warning Sign and void of staff members on Wednesday, as calls to Charlotte Executive Director Eddie Rollins went unanswered.

Notable clients include professional Golfer Vijay Singh and NASCAR driver Jeff Gordon.

More details at Bloomberg.com

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