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Sir Allen Stanford

Politicians Won't Return Ponzi Payoffs

Michael Winship | Posted 05.09.2012 | Politics
Michael Winship

Texas financier Robert Allen Stanford was convicted on 13 out of 14 criminal counts of fraud. But what most stories failed to mention was the large amount of his clients' cash that was spent on campaign contributions, greasing the corrupt nexus of money and politics for personal gain.

Victims: Ponzi Schemer's Conviction Is 'Bittersweet'

AP | JUAN A. LOZANO | Posted 05.07.2012 | Business

HOUSTON — A prosecutor asked jurors on Wednesday to allow federal authorities to seize $330 million from nearly 30 accounts controlled by convic...

"Mr." Allen Stanford

Carrie Crotty | Posted 05.25.2011 | Business
Carrie Crotty

Mr. R. Alan Stanford will have to get used to the fact he is no longer "Sir Alan Stanford". The imprisoned financier has lost his title after Governo...

Allen Stanford Appointed Public Defender

ABC News | VIC WALTER and MEGAN CHUCHMACH | Posted 05.25.2011 | Business

Flamboyant former billionaire financier 'Sir' Allen Stanford has been ordered a public defender in his $7 billion fraud case because he has no money f...

Allen Stanford, US Drug Informant? Evidence Emerges

BBC News | John Sweeney | Posted 05.25.2011 | Business

Evidence has emerged that the Texan who bankrolled English cricket may have been a US government informer. Sir Allen Stanford, who is accused of bank...

WATCH: Allen Stanford, Alleged Ponzi Schemer, Talks To CNBC

Huffington Post | Posted 05.25.2011 | Business

Allen Stanford, the financier who has been accused of an $8 billion ponzi scheme by the Securities and Exchange Commission. After remaining mum on t...

James Davis, Stanford CFO, Cooperating With Investigators

AP | Posted 05.25.2011 | Business

DALLAS — The chief financial officer of the troubled companies owned by Texas billionaire R. Allen Stanford has promised full cooperation with f...

Antiguan On Life After Allen Stanford

Huffington Post | Carrie Crotty | Posted 05.25.2011 | Business

Yesterday, Antiguans voted in one of their most contentious elections in years. Allen Stanford, who allegedly ran an $8 billion ponzi scheme, was clos...

Allen Stanford Bathroom Tiles

Bad Idea Magazine | Posted 05.25.2011 | Business

Following on from the Bernard Madoff-branded emergency kit and sweater, eBay is now providing the opportunity to deck your bathroom out with a financi...

Bush Stanford Connection: Dubya Congratulates Financier On St. Croix Expansion

businessinsider.com | Joe Weisenthal | Posted 05.25.2011 | Business

George W. Bush spoke at a reception for fraudster Allen Stanford in 2006. He was just one of many politicians in Stanford's web, but it makes sense th...

Allen Stanford's Yacht, Private Jet And Other Toys

Clusterstock | Jay Yarow | Posted 05.25.2011 | Business

The busted financier Sir Allen Stanford had a net worth over $2 billion according to a Florida paternity lawsuit and a Texas divorce lawsuit. How did...

The Poor Victims of "Sir" Robert Allen Stanford—Really?

David Bourgeois | Posted 05.25.2011 | Business
David Bourgeois

The saps were lured into this Ponzi scheme with the elixir of unrealistic riches; their thirst for off-the-charts financial gains blinded them to the obvious scam going on right under their noses.

Stanford, Geithner: Who Did More For Market Confidence?

BusinessWeek | David Henry | Posted 05.25.2011 | Business

Perversely, alleged conman R. Allen Stanford did more in the past 10 days to boost confidence and stability in the banking system than U.S. Treasury S...

Allen Stanford Victims Speak Out

Huffington Post | Julie Satow | Posted 05.25.2011 | Business

CBS' Harry Smith spoke with a Mark Tidwell, a former vice president at Stanford Financial, who is suing the company for wrongful termination. Tidwel...

ATP Tennis' Stanford Endorsement Cancelled

Huffington Post | Julie Satow | Posted 05.25.2011 | Business

CNBC is reporting that ATP, the pro tennis organization, is canceling its deal with Stanford Financial Group, the business owned by Allen Stanford. He...

Allen Stanford Missing: Federal Authorities Do Not Know His Whereabouts

Huffington Post | Julie Satow | Posted 05.25.2011 | Business

UPDATE: MSNBC is reporting that Allen Stanford tried to hire a private jet to flee the US. According to ABC News, federal authorities do not know the...

Allen Stanford Attorney Thomas Sjoblom Withdrew Days Before SEC Fraud Charge

Huffington Post | Julie Satow | Posted 05.25.2011 | Business

R. Allen Stanford spent the weeks before the SEC charged him with fraud assuring clients that their money was safe. His Washington, D.C.-based lawyer,...

Allen Stanford Charged By SEC For Multi-Billion Dollar Fraud

Huffington Post | Julie Satow | Posted 05.25.2011 | Business

RECENT UPDATES: It looks like the SEC missed several red flags on Stanford, much as they did with Bernie Madoff. According to the New York Times, the...