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Antiguan official confessed misconduct
 June 21, 2009, 7:15 am (2 years ago)Online gambling supervisors in the Caribbean licensing authority of Antigua and Barbuda have long proclaimed their abilities and the reverence in which they are held worldwide, even productively battling for addition on the UK’s advertising “white list”. However, a banking misconduct revealing in the United States has the possibility to affect the islanders, and one senior official has previously been suspended.
Leroy King, head of the Antigua and Barbuda Financial Services Regulatory Commission was suspended to which the island’s Internet gambling supervisors report, and the harming issue under discussion is an suspected pyramid banking scheme managed by the ambitious Texas financier R. Allen Stanford (59).
Stanford gave himself in to US federal investigators Thursday, and an accusation unveiled on his arrest states that he paid King over $100,000 to cover up an complex Ponzi scheme that enticed around 30,000 investors, as said by reports in the Los Angeles Times.
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