Last Call

Sir Allen Stanford has finally surrendered to the FBI this evening.

Allen Stanford has surrendered to the FBI in Viriginia, according to his attorney. CNBC has also learned that other top executives of Stanford Financial have been indicted by a federal grand jury in Houston over an alleged $8 billion Ponzi scheme.

Because a U.S. Magistrate placed the indictment under seal pending arrests, it was not immediately clear if Texas billionaire Allen Stanford is named in the indictment.

However, sources had told CNBC an indictment of Stanford could come as early as today.

Informed of the indictment by CNBC, Stanford's criminal defense attorney Dick DeGuerin said: "If there is an indictment, he will appear and surrender and post bond," adding, "There's no need for them to make a big show of it."

DeGuerin said that upon hearing rumors of a possible indictment today, he wrote to prosecutors offering that Stanford would turn himself in. He says the government did not respond.

A Justice Department spokesman was not immediately available for comment.

Much like Bernie Madoff, I hope this guy pleads guilty.