BUSINESS

Allen Stanford's Lavish Lifestyle: $10M Florida Mansion, $100M Fleet Of Private Jets

03/23/2009 05:12 am ET | Updated May 25, 2011

The lavish lifestyle enjoyed by Sir Allen Stanford, the Texas billionaire charged by US financial regulators with "massive" investment fraud, has been laid bare by court documents from two years ago that emerged on Friday.

A $10m Florida mansion, bills of up to $75,000 for Christmas presents and childrens' holidays, and a $100m fleet of private jets topped a list of Sir Allen's outgoings and assets in the documents obtained by the Financial Times from a 2007 court case.

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