TD Bank pays $1.2B in Stanford Ponzi settlement
TD Bank Group agreed to make a payment of more than $7 million to the Stanford Receivership Estate, which helps victims of Stanford Financial receive compensation. (Charles Krupa/AP Photo)
The First Horizon buyer is one of five banks that provided services to Stanford Financial Group over 20 years that have paid $1.6 billion to the victims of the Ponzi scheme.
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First Horizon TD Bank Allen Stanford Stanford Financial GroupRob Moore
Rob Moore covers North Mississippi for The Daily Memphian. He holds a B.A. and an M.A. in English from The University of Memphis.
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