Some investors who dealt with the Stanford Financial Group say they have been caught in the middle of an $8 billion investment scandal. Even though they don't have money invested with Stanford, but had some accounts managed by the company, their funds are frozen, KPRC Local 2 reported Wednesday.

READ IT: Class Action Lawsuit | Complaint | Stanford Memorandum Of Law FIND IT: Stanford Financial Receivership

Last week, the federal government took over Stanford Financial Group.

Investors who bought questionable CDs from Stanford still show up at the Houston headquarters, hoping to recover some of their money.

"What I'm concerned about as an investor is, 'Am I going to get my investment back?'" said Richard Rosso, a broker with the Charles Schwab Corp.

Investor Ray Ballentyne is pretty sure he will eventually get all of his, but he's not sure when.

"It was a full-service brokerage that had my savings and checking and everything else and all of a sudden you've got no access to it," he said.

Ballentyne only used Stanford as a broker and adviser. He had no money invested with the firm.

But because Stanford managed his account, it is frozen, along with the rest of the company's assets, while a federal receiver sorts through them.

Ballentyne cannot get his money out. Meanwhile, bills are still coming in.

"Friends of mine have offered to lend me money so that when credit cards come due, I can pay them," he said.

It could be weeks, months, or longer before all of Stanford?s assets are inventoried. So, Ballentyne is asking a federal judge to free up some of the money now.

"I filed a motion for an expedited hearing yesterday to get in front of the judge as soon as possible because people like him need immediate relief," said Ben Elmore, an attorney.

Ballentyne's lawyer estimated there are thousands of other Stanford investors who are running out of money.

Allen Stanford, accused in an SEC civil lawsuit of a "massive" fraud, was served with legal papers by FBI agents last week but has not been charged with any crime. The SEC said Stanford peddled sham promises and funneled investors' money into real estate and other assets not easily turned into cash.

The SEC charged Stanford and three of his companies with committing an $8 billion fraud that lured investors with promises of improbable and unsubstantiated high returns on certificates of deposit and other investments.