Witness: Stanford helped fake profit numbers
Published On: Feb 03 2012 06:30:04 PM CST
Feb. 3, 2012: Jailed Texas financier R. Allen Stanford helped fake profit numbers for his Caribbean bank and funnel millions of dollars of depositor funds to a secret Swiss bank account used to pay for personal expenses, bribes to regulators and employee bonuses, the man who was in charge of the tycoon's books told jurors. Phil Archer reports.
