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FraudNews
07-22-2011, 01:02 AM
A Tussle Over Paying Stanford Fraud Victims (http://news.google.com/news/url?sa=t&fd=R&usg=AFQjCNGIbBcuPTRlnXfVFoZrVr69xm_7pw&url=http://www.businessweek.com/magazine/a-tussle-over-paying-stanford-fraud-victims-07212011.html)
BusinessWeek
The SIPC, he says, only protects securities that are stolen or lost in the collapse of a brokerage and not losses from fraud. “It is very difficult to explain the difference between theft and fraud,” Harbeck says. “Nobody is saying these people weren't ...

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