Daily Archives: September 14, 2009

What did Robert Hoffman know about Sir Allen Stanford’s crimes, and when did he know it?

Cover Sir Allen & Me Journalist started Antigua Sun newspaper for Crooked Sir Allen

Here is a book I’d love to read – because I want to know if author Robert Hoffman comes clean about how he personally started up Sir Allen’s Antigua Sun newspaper that was used to bait the trap for the suckers who trusted Stanford with their life savings. I’d also love to have an archive of the Antigua Sun sitting beside me while I read this book to see what Hoffman was publishing at the time.

I stand to be corrected by the author, but somehow I don’t think I’d find any investigative journalism at the Antigua Sun exposing Stanford for the crook he was.

Or, perhaps I should say “exposing Stanford for the crook that Hoffman knew he was at the time” ???

It turns out that the publisher’s media release (below) tells of Sir Allen Stanford describing for then-employee Hoffman exactly what his methods were to “lure investors into believing his Antigua operations were legitimate.”

That statement seems to imply that Hoffman knew at the time that he was working for Stanford that the operations were not “legitimate”.

Yes, I will read Sir Allen & Me if for no other reason than to remind myself that despite all the high talk by journalists of “duty to the public interest” that the almighty dollar usually comes first – especially in small societies where the government in power controls the news through advertising revenues that are dispensed like little doggie treats to obedient media lapdogs. And, as the Nation News discovered, a change of master means no treats for you!

Southern Cross Publications says they will send us a couple of review copies if we just provide our address. That’s tempting, but we’ll have to say “no thanks”. I will, however, purchase the book myself as I am anxious to read how the Antigua Sun assisted Sir Allen in luring those suckers in.

Here is the media release about Robert Hoffman’s new book as sent to us by the publisher.

REVEALING BOOK ON DISGRACED BILLIONAIRE PUBLISHED

Texas billionaire and accused Ponzi scammer R. Allen Stanford is the focus of a new book written by a former Stanford executive. Sir Allen & Me: An Insider’s Look at R. Allen Stanford and the Island of Antigua peers into the private and business life of the flamboyant financier, whom the federal government claims operated a “massive” $8-billion confidence game from his bank in the Caribbean nation of Antigua and Barbuda.

Author and journalist Robert Hoffman was hired by Stanford in the mid-1990s to start up the Antigua Sun newspaper. For two years, Hoffman was privy to the billionaire’s political maneuvering and manipulations, including Stanford’s efforts to rewrite the island’s banking laws to favor the Texas money man and to keep prying eyes from the highly questionable running of Stanford International Bank based in Antigua.

Hoffman also tells about Stanford’s forays into the world of cricket, his disastrous stab at establishing a regional airline, his lavish lifestyle and his shameful treatment of many of his loyal employees.

In the book, Hoffman quotes from Stanford describing clearly what his methods were to lure investors into believing his Antigua operations were legitimate by creating what Hoffman calls Stanford’s “financial Potemkin Village” on the island.

The 200-page paperback is currently available on http://www.amazon.com (keyword: R. Allen Stanford) and will soon be in bookstores throughout the United States. It can also be purchased at http://www.atlasbooks.com, which is the publisher’s chief distributor to outlets and Internet-sales sites. Retailers can call 800-BookLog to order. Retail price is $14.95.

Southern Cross Publications
86 Union & Mt. Washington / PO Box 24704
Christiansted, VI 00824
(340) 718-0615 / 643-4631
southerncrosspubs@gmail.com

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Filed under Barbados, Corruption, Crime & Law, Ethics, Freedom Of The Press, News Media, Offshore Investments