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Kroll NY Post
Security Breach: Kroll Sued by $6.3M Loser in Stanford Investments… By KAJA WHITEHOUSE
In this month's issue of Vanity Fair, the magazine outs the highly respected company as a defender of Stanford and his various activities.
"Kroll was essentially running a propaganda campaign in defense of Stanford's good name," the article said.
The company has far-flung operations that range from what it calls "investigative due diligence" for investors to crisis management and other consulting services for firms responsible for handling those same investors' finances.
"As you can imagine, it's a conflict of interest," said a person who is close to the lawsuits but asked not to be identified.
This person said Electri and another plantiff, an association for the electrical construction industry, weren't aware of Kroll's ties to Stanford when they hired the company to do a background check on the Antiguan bank.
"Kroll takes very seriously its responsibility to its clients and upholds the highest standards of integrity in its work," said Kroll spokesman Richard Myers.
Myers declined to provide details of Kroll's business relationship with Stanford except to say, "Kroll in the past provided routine professional services related to Allen Stanford."
The Electri lawsuit and the Vanity Fair article carry another link: Kroll executive Thomas V. Cash, a former special agent with the Drug Enforcement Administration in charge of divisions in Florida and the Caribbean.
Vanity Fair names Cash as "Kroll's liaison with Stanford."
Cash also comes up in an exhibit for the Electri lawsuit as the Kroll executive who signed an agreement that officially engaged Kroll to work for the foundation.
"I wouldn't believe everything I read in Vanity Fair because most of it's wrong," said Cash when reached at his Miami office.
He declined to comment on the Electri lawsuit, citing "attorney-client privilege."
Separately, the federal judge overseeing Stanford's criminal trial delayed the start of the case. Originally scheduled for Aug. 25, Stanford's lawyer has previously warned it might take a year to prepare Stanford's defense.
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