Search results
Robert Allen Stanford (born March 24, 1950) is a convicted financial fraudster, former financier, and sponsor of professional sports. He was convicted of fraud in 2012, having operated an eight billion dollar Ponzi scheme, [1][2][3] and is now serving a 110-year federal prison sentence. [4][5]
Alan Stanford (born 1949) is an English-Irish actor, director and writer. [1] He has worked in the theatre for many years, including a 30 year association with the Gate Theatre as both actor and director. He is well known for playing George Manning in the popular Irish drama series Glenroe.
Sep 20, 2021 · Twelve years after the scam was exposed, lawyers for a court-appointed receiver have announced a milestone of $1bn compensation for 18,000 investors. The receiver is also involved in litigation against banks and insurers to recover more money.
Sep 20, 2021 · Sept 20 (Reuters) - A court-appointed receiver has recouped more than $1 billion for victims of Texas financier Allen Stanford's Ponzi scheme, the largest by dollar amount other than Bernard...
- Who Is Allen Stanford?
- Understanding Allen Stanford
- Financial Impact
- Allen Stanford's Rise to Riches
- GeneratedCaptionsTabForHeroSec
Robert Allen Stanford, who goes by Allen Stanford, is an American/Antiguan former banker that was convicted in 2012 of a Ponzi scheme following an investigation for securities fraud in excess of $7 billion. It was revealed that Allen Stanford had grossly misinformed his 50,000 investors about the level of professional management that they were re...
Allen Stanford was convicted of selling $7 billion in fraudulent certificates of deposit (CDs) from his offshore bank, Stanford International Bank, on the island of Antigua in an international Ponzi scheme, a case that drew comparisons to disgraced broker Bernie Madoff’smultibillion-dollar fraud. Stanford's fraudulent scheme is the second-largest i...
Stanford used the money that investors thought was going to CDs to finance his lavish lifestyle and make risky investments. Investors are claiming $24 billion in damages from the government of Antigua. However, not only were Stanford's investors severely impacted but so was Antigua. Stanford was a large influence in Antigua. He developed much of ...
Allen Stanford rose from humble beginnings in the town of Mexia, Texas. He was born in 1950 to a lower-middle-class family. Beginning as an insurance salesman and bookkeeper, Allen rose to be a successful investment manager, taking in billions of dollars in assets from both private investors and prominent figures in the political and sporting arena...
Allen Stanford is an American/Antiguan ex-financier who ran a $7 billion fraud scheme involving certificates of deposit (CDs). He was sentenced to 110 years in prison and lost his knighthood after being exposed by the SEC in 2012.
Jun 14, 2012 · Allen Stanford, a former Texan banker and cricket sponsor, was sentenced to 110 years in prison for operating a massive fraud scheme that defrauded thousands of investors. He denied any guilt and blamed his former chief financial officer, while victims spoke of their losses and anger in court.
People also ask
Who is Allen Stanford?
Where did Alan Stanford grow up?
How much money did Allen Stanford lose in SEC case?
Who is Allen Stanford and what did he do?
How much money has Allen Stanford recouped for ponzi scam victims?
Was Stanford a'massive Ponzi scheme'?
Jan 11, 2016 · In his first interview since being indicted in 2009 for masterminding the second-largest Ponzi scheme in history, convicted US fraudster Allen Stanford has told the BBC he is innocent.
amazon.co.uk has been visited by 1M+ users in the past month
Browse new releases, best sellers or classics & find your next favourite book. Low prices on millions of books. Free UK delivery on eligible orders
