HOUSTON (Reuters)-financial adviser who worked for former financier Allen Stanford testified at a hearing on Wednesday that Stanford is pressed to bring personal new client to the bank. “
Stanford, 61, is accused of selling fraudulent certificates of deposit from Stanford International Bank Ltd., which is based on the Caribbean island of Antigua, in a scheme that lasted for more than two decades. He has pleaded not guilty and their lawyers have described him as a visionary who leaves the details to others.
“Do what you need to do. I don’t care how You do it. Just don’t tell me. I don’t want to know, “Chambliess remember Stanford said.
Chambliess, the first witness in the trial held in the federal district court in Houston, said she began selling the CD for Stanford in 1987 and was fired in 2002, the same year, after meeting with Stanford his lagging sales targets.