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need all answers asap this is case study 1. The SEC charged Allen Stanford a number of officers and various affiliated companies with operating a

need all answers asap
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1. The SEC charged Allen Stanford a number of officers and various affiliated companies with operating a Ponzi scheme in 2009 - describe what that means. 2. What was the investment instrument being used by Stanford international Bank, Stanford Group Company and Stanford Capital Management? How much was sold and how many investors were impacted? 3. How did Stanford and his people hide the true positions of Stanford International Bank. 4. Laura Pendergest-Holt, Chief Investment Officer of Stanford Financial Group, gave sworn testimony to the SEC in February 2009. What fraudulent statements did she make at this two hour meeting? One week after this meeting, the US DIstrict Court froze all the assets for the Stanford companies and its key officers and appointed a Receiver for all the assets of the defendants. Her testimony to the SEC was in fact a stall tactic had led to her pleading guilty to obstructing an investigation. 5. The SEC discovered that the accounting staff used reverse engineering to prepare the financial statements. What did this entail

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