Texas financier R. Allen Stanford was tracked down Thursday in Virginia, where FBI agents served him

(19 Feb 2009) HEADLINE: FBI tracks down Texas financier in fraud case
CAPTION: Texas financier R. Allen Stanford was tracked down Thursday in Virginia, where FBI agents served him with legal papers in a multibillion-dollar fraud case. (Feb. 19)
[Notes:ANCHOR VOICE]
[Notes:VO -- DEPOSITORS AT ANTIGUA BANK]
[Notes:VO--PHOTO OF STANFORD]
ON A DAY WHEN NERVOUS DEPOSITORS LINED UP TO WITHDRAW THEIR MONEY FROM THIS BANK IN ANTIGUA AND THE VENEZUALAN GOVERNMENT SEIZED A ANOTHER BANK THAT SAW A RUN ON DEPOSITS....FBI AGENTS TRACKED DOWN FLAMBOYANT BILLIONAIRE ALLEN STANFORD IN FREDERICKSBURG VIRGINIA AND SERVED HIM WITH LEGAL PAPERS IN A MULTI-BILLION DOLLAR FRAUD CASE NOW UNDER INVESTIGATION BY THE U.S. GOVERNMENT.
[Notes:VO --PHOTO]
SANFORD WAS NOT TAKEN INTO CUSTODY -- AND HE HAS NOT BEEN CHARGED WITH A CRIME -- BUT THE GOVERNMENT SAYS HE AND TWO OTHER EXECUTIVES AND THREE OF HIS COMPANIES LURED INVESTORS WITH ROSEY PROMISES OF BIG RETURNS ON CD'S AND OTHER INVESTMENTS.
[Notes:VO--FATHER]
STANFORD'S FATHER HAD THIS TO SAY.
[Notes:SOT -- JAMES SANDFORD/FATHER]
I don't believe them at all....I can't believe that they would be involved in a legal scam to milk investors...take their money...promise astronomical returns.
[Notes:VO --LINES OF DEPOSITORS]
FALLOUT FROM THE CASE IS ALREADY BEING FELT OVERSEAS -- ESPECIALLY IN LATIN AMERICA WHERE THE TEXAS FINANCIER HAS A SIGNIFCANT PRESENCE.
[Notes:VO--NERVOUS DEPOSITOR]
Nobody knows what's going to happen....but people are scared...and we need people to come talk to us to tell us what to do.
[Notes:VO--PHOTO OF STANFORD]
UNTIL THE FBI STEPPED IN TO HELP THURSDAY...FEDERAL REGULATORS HAD NOT BEEN ABLE TO FIND HIM.
[Notes:SOT -- JAMES STANFORD]
I was very concerned that I hadn't heard from him...surely he wouldn't try to flee...can't do that.
[Notes:VO--BANK VIDEO]
THE GOVERNMENT HAS FROZEN STANFORD'S ASSETS -- AND A FEDERAL JUDGE HAS APPOINTED A RECEIVER TO IDENTIFY AND PROTECT BILLIONS IN ASSETS WORLDWIDE.
[Notes:VO--PHOTO OF STANFORD]
IN AN EMAIL TO HIS EMPLOYEES LAST WEEK -- STANFORD VOWED TO FIGHT ANY CHARGES OF WRONGDOING -- WHILE ALSO SAYING HIS COMPANY WAS COOPERATING WITH THE PROBE.

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