Vijay Singh Will Continue to Sport Stanford Financial Gear

Here's the deal: on Tuesday, the Securities and Exchange Commission charged Stanford Financial with defrauding its customers out of $8 billion.

Today, CNBC.com's Darren Rovell writes that Vijay Singh, who just signed a sponsorship deal with Stanford Financial last month, will continue to endorse the company despite, you know, the possibility that they bilked their clients out of a few bucks.

"This has to be a business as usual approach on his end, especially with so much still unknown at this point," said Dave Haggith, a spokesman for IMG, the management company that represents Singh. ...

IMG has not had any further comment on Stanford's deal with Singh, including whether the golfer who is only second to Tiger Woods on the all-time money list ($60,768,812), had invested any money with the company or exactly how much he was paid so far. Singh is currently in Pacific Palisades, Calif., where he will play in the Northern Trust Open, which begins tomorrow.

There are better PR strategies if you're Singh, but he's not exactly the most popular guy on tour anyway. As long as people are going to assume he's a jerk (and such instances, while ultimately harmless, certainly don't help), he might as well get paid in the process.