Another rogue Wall Streeter is on the lam: "Ex-Credit Suisse trader and Bulgarian national Julian Tzolov was declared a fugitive by the U.S. government on Friday, three weeks before his trial for fraud related to subprime mortgages and auction rate securities. A document filed in U.S. District Court in Brooklyn said Tzolov, who was under house arrest and electronic monitoring, left his home on May 9 without permission of authorities."
Allen Stanford, the billionaire financier accused of bilking investors out of an estimated $8 billion, has been located following a nationwide search. The FBI found him in Fredericksburg, Virginia this afternoon and served him with the SEC's complaint. His lobbyist says Stanford is "very depressed," by the way; thanks for your concern. [ABC News]