HOUSTON, Texas – James Davis said Allen Stanford loaned the Antiguan government $40 million and it was never repaid. Davis spoke about how Stanford decided to move Guardian bank in Montserrat to nearby Antigua before it was shut down there.
HOUSTON (Reuters) – Allen Stanford funneled $2 billion of investor money from his offshore bank to pay operating expenses at his other companies, including money-losing airlines and his cricket concerns, a former Stanford Financial Group accountant said on Wednesday. Stanford, 61, is on trial in federal court in Houston for leading a $7 billion Ponzi scheme from his offshore bank in Antigua in …
Andy Roberts and Curtly Ambrose, the two greatest fast bowlers to emerge from Antigua, believe that the demise of Allen Stanford’s cricket empire in the Caribbean has left an irreplaceable void in their own home country
Sir Allen Stanford’s lavish spending turned the Caribbean island of Antigua into his very own theme park, as our writer reports.
HOUSTON, Texas — Texas billionaire banker Allen Stanford, accused of masterminding a US$7.2 billion Ponzi scheme, involving his Antigua-owned Stanford International Bank (SIB), is suing United States government agents who built the case against him for a similar amount.
The High Court in Antigua has ordered that 400 former employees of the Stanford Financial Group (SFG) should be paid their retirement funds by the Eastern Caribbean Amalgamated Bank (ECAB), which was formerly owned by disgraced financier Allen Stanford under the name Bank of Antigua (BoA).
A US judge rules Texan billionaire Allen Stanford is unfit to stand trial at present over accusations he led a $7bn (£4.5bn) fraud scheme.
Diplomats claimed Allen Stanford engaged in bribery, money laundering, and political manipulation in
The implosion of Sir Allen Stanford s financial empire caused headaches for its creditors, not least the government of Antigua and Barbuda.
HOUSTON, USA — Disgraced financier Allen Stanford, who is accused of leading a US$7 billion Ponzi scheme through his bank in Antigua, has asked a United States federal judge to dismiss fraud charges against him.