TD Bank pays $1.2B in Stanford Ponzi settlement

By , Daily Memphian Updated: March 01, 2023 6:28 PM CT | Published: March 01, 2023 11:45 AM CT

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.


First Horizon TD Bank Allen Stanford Stanford Financial Group
Rob Moore

Rob 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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