Found! Accused Scammer Stanford Turns in Passport in Washington

The billionaire banker accused of scamming $8 billion, R. Allen Stanford, was located by FBI officials today and served with civil papers by the SEC, putting an end to a nationwide search.

Stanford later turned in his passport to federal prosecutors, saying “he would not flee,” according to one of Stanford’s lobbyists, Ben Barnes.

He’s a lucky man now surely under Federal protection.

/just steps ahead of his vicious drug cartel overlords’ ultimate wrath