Allen Stanford’s ex-CIO pleads not guilty

HOUSTON, (Reuters) – A former top aide to Texas  financier Allen Stanford pleaded not guilty yesterday to  charges of obstructing an SEC investigation of an alleged $8.5  billion fraud.

Laura Pendergest-Holt, 35, the ex-chief investment officer  of Stanford Financial Group, was indicted on Tuesday on  obstruction and conspiracy charges in what the government  alleges is a massive fraud that snared investors throughout the  Caribbean, the United States and Latin America.