BY ALEX BLAIR
Texas Links Staff
he LPGA was
planning a return
to Texas this fall,
but those plans may now
be derailed by allegations
of a $9.
2 billion fraud
against Houston-based
Stanford Financial.
The Stanford
Financial Tour
Championship shows up
on the...
More
BY ALEX BLAIR
Texas Links Staff
he LPGA was
planning a return
to Texas this fall,
but those plans may now
be derailed by allegations
of a $9.
2 billion fraud
against Houston-based
Stanford Financial.
The Stanford
Financial Tour
Championship shows up
on the LPGA Tour’s 2009
schedule for Nov.
17-22,
but neither Stanford nor
the LPGA has done much
to promote the event since
it was announced late last
year in Hawaii.
As it turns out, the lack
of promotion of the event
likely had something to do
with a months-long investigation by the Securities
and Exchange
Commission, FBI and
Internal Revenue Service
that led to the $9.
2 billion
fraud charges being filed
Feb.
17 against Stanford.
The event, which is
owned by International
Management Group, also
doesn’t have a final contract to play the event at a
local site, although they
have been in negotiations
with The Houstonian
Golf & Country Club
outside of Houston.
T
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