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HOUSTON — R. Allen Stanford, accused by federal regulators in a civil complaint of running an $8 billion investment fraud, tried to turn himself in to federal marshals Thursday, but they didn’t take him into custody because no warrant has been issued for him.
The Houston Chronicle reported in its online edition that Stanford walked the few blocks from his lawyer’s office to the federal courthouse.
The Securities and Exchange Commission has accused Stanford of running a Ponzi scheme but hasn’t charged him with a crime. Stanford has denied the allegations and said if there was fraud, he wasn’t involved in it.
