Summary

On October 10, 2003, an anonymous letter was sent to the Office of Investor Education and Assistance at the Securities and Exchange Commission, which revealed a potential case of fraud that had gone on for two decades, in which unbroken and consistently high returns were made on investments, despite the risky nature of the investments – and that this being covered up by an apparent clean operation of a U.S. Broker-Dealer affiliate. The letter was sent elsewhere, including to the Wall Street Journal and the U.S. Senate. The writer remained anonymous, fearing for personal and family safety.

1. Suspicious Minds – In the year 2000, Leyla Wydler of Houston, Texas, went to work at the Stanford Group Company as a financial adviser for which she had been given an incredible salary. Leyla, a single mother who had long struggled and worked hard...