Dallas Criminal Lawyer – David Finn

James M. Davis, Mr. Stanford’s chief financial officer, leaving court on Thursday with his wife, Lori, and lawyer, David Finn.

HOUSTON — R. Allen Stanford’s relationship with the chief regulator of his Antigua bank was closer than most.

At a meeting in 2003, they became blood brothers, cutting their wrists and mixing their blood in a “brotherhood ceremony� that Mr. Stanford’s chief financial officer said promoted an elaborate scheme to hide a multibillion-dollar fraud from American and other regulators.

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Fox Business video

Nola.com report on Stanford’s health

By Brenda Sapino Jeffreys
Texas Lawyer
August 31, 2009

After pleading guilty on Aug. 27 to three criminal charges that could put him in prison for 30 years, James M. Davis, the former chief financial officer for Stanford Financial Group and Stanford International Bank Ltd., expressed remorse for his actions that contributed to the downfall of the bank and began more than a decade ago.

“I did wrong. I’m sorry. I apologize,” the silver-haired, 60-year-old former banker told reporters outside the federal courthouse in Houston following his re-arraignment in U.S. District Judge David Hittner’s court.

David Finn, Davis’ criminal-defense attorney, told reporters that Davis, unlike most of his clients, fessed up to his wrongdoing from the first moment he came to his Dallas office.

“He had a heavy heart the first time I met him. He was very contrite,” Finn, a partner in Milner & Finn in Dallas, recalled from their initial meeting earlier this year. “James Davis came in and said, ‘I know I did wrong.’ ”
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Arizona v. Gant, decided by the United States Supreme Court on April 21, 2009.

Held: Police may search the passenger compartment of a vehicle incident to a recent occupant’s arrest only if it is reasonable to believe that the arrestee might access the vehicle at the time of the search or that the vehicle contains evidence of the offense of arrest.

This is an important case, imo.

CLIFFORD KRAUSS
Published: April 20, 2009
HOUSTON — R. Allen Stanford, the Texas financier accused of defrauding tens of thousands of bank depositors, said on Monday that he was not a thief. He denied that his operation was a Ponzi scheme and suggested that if any depositor money had been lost, it was largely a result of “Gestapo tactics� used by the government.

Robert Allen Stanford“I don’t think there is any money missing,� Mr. Stanford said. “There never was a Ponzi scheme, and there never was an attempt to defraud anybody.�

The government has said as much as $6 billion is missing.
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By Laurel Brubaker Calkins

April 9 (Bloomberg) — Stanford Group Co. Chief Financial Officer James M. Davis, accused by federal regulators of helping his boss, R. Allen Stanford, run a multibillion dollar Ponzi scheme, will enter plea negotiations with prosecutors.

Davis was sued by the U.S. Securities and Exchange Commission along with Stanford. Davis will negotiate to resolve potential criminal and civil liability related to a suspected $8 billion Ponzi scheme, his attorney said.

“We anticipate beginning those conversations as early as next week,� David Finn, Davis’s lawyer, said today in a phone interview. “Things are accelerating rapidly. We are starting to shift gears and starting to look forward for a resolution.�
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http://www.dallasobserver.com/2009-04-09/news/sec-says-texas-financier-sir-allen-stanford-swindled-investors-out-of-billions/