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Sir Allen Stanford

About Sir Allen Stanford

Sir Allen Stanford is a Texas billionaire businessman, cricket entrepreneur and alleged fraudster. In June 09, he surrendered to US authorities after a warrant was issued for his arrest. He is in FBI custody in Virginia and is accused of fraudulently selling eight billion dollars in certificates of deposit from his own Stanford International Bank based in his adopted home of Antigua. He may have to face up to 250 years in prison if convicted on all charges.

Sir Allen Stanford in News

ECB faces legal threat over ill-gotten' Stanford gains
The England and Wales Cricket board faces the threat of legal action to return 3.5 million dollars it received from the ill-fated deal with disgraced financier Sir Allen Stanford.

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