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Opinion

The Memphis Fall Girl

The latest indictment of Laura Pendergest-Holt in the Stanford Financial scandal alleges that she lied to investigators and investors, but it also indicates that she was thrown to the wolves of the Securities Exchange Commission by Allen Stanford and her Mississippi benefactor, James Davis.

Holt, 35, who worked out of the Crescent Center in East Memphis, gave financial advise on local radio stations, and grew up in Baldwyn, Mississippi, was indicted this week for the second time on federal criminal charges.