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MIAMI — Citing weak evidence, a judge Friday acquitted two former employees of fallen financier Allen Stanford on charges they illegally shredded thousands of company documents to hinder the federal probe into an alleged $7 billion Ponzi scheme.
After a nearly two-week trial and two days of jury deliberations, U.S. District Judge Richard W. Goldberg took the rare step of issuing not-guilty verdicts for Thomas Raffanello, Stanford Financial Group’s former security chief and also a former top Drug Enforcement Administration agent, and technology officer Bruce Perraud.
