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Allen Stanford

Allen Stanford

  1. Stanford Had 100-Foot Ocean Yacht, CFO Settled for 12-Foot Boat
    BusinessWeek logo BusinessWeek 8 hours ago

    Feb. 9 (Bloomberg) -- R. Allen Stanford was portrayed by his ex-finance chief, James M. Davis, as the mastermind and prime beneficiary of what prosecutors said was a $7 billion Ponzi scheme built on bogus certificates of deposit at Stanford’s Antiguan ba

  2. Investors Mark Unhappy Anniversary at Allen Stanford's Trial on Friday
    International Business Times logo International Business Times 1 day ago

    Defense lawyers made a case for Allen Stanford's innocence on Friday in a courtroom filled with people who claim he stole millions of dollars of their savings. Some two dozen investors were at the federal courthouse in Houston to mark the third anniversa

  3. AP Photo logo AP Photo 2 days ago
    James Eccles shows a certificate of deposit once worth $800,000.00 from the Stanford International Bank outside the federal courthouse Friday, Feb. 17, 2012, in Houston where R. Allen Stanford is on trial. The jailed tycoon is accused of being behind a...

    James Eccles shows a certificate of deposit once worth $800,000.00 from the Stanford International Bank outside the federal courthouse Friday, Feb. 17, 2012, in Houston where R. Allen Stanford is on trial. The jailed tycoon is accused of being behind a... View Photo »

  4. Stanford victims: ‘Talk to the hand’
    New York Post logo New York Post 1 day ago

    HOUSTON — Three years after the feds shut down Allen Stanford’s alleged $7 billion Ponzi scheme, the victims still haven’t received a penny back on their losses. To mark the troublesome anniversary, some two dozen of Stanford’s victims gathered outside t

  5. Three years on, investors attend Stanford trial
    Reuters logo Reuters 1 day ago

    HOUSTON Feb 17 (Reuters) - Defense lawyers made a case for Allen Stanford's innocence on Friday in a courtroom filled with people who said he had stolen millions of dollars of their savings. Some two dozen investors were at the federal courthouse in Hous

  6. Recovery of funds painfully slow for victims
    The Portland Maine Press Herald 1 day ago
    R. Allen Stanford

    HOUSTON - Sitting in the back of a courtroom where Texas tycoon R. Allen Stanford is being tried for fraud, retired IBM engineer Jim Eccles was eager to see the man accused of bilking thousands of investors in a $7 billion Ponzi scheme. Eccles, who lost

  7. AP Photo logo AP Photo 2 days ago
    James Eccles, a victim of an alleged ponzi scheme perpetrated by R. Allen Stanford, talks outside the federal courthouse Friday, Feb. 17, 2012, in Houston where Stanford is on trial. The jailed tycoon is accused of being behind a massive pyramid scheme...

    James Eccles, a victim of an alleged ponzi scheme perpetrated by R. Allen Stanford, talks outside the federal courthouse Friday, Feb. 17, 2012, in Houston where Stanford is on trial. The jailed tycoon is accused of being behind a massive pyramid scheme... View Photo »

  8. R. Allen Stanford's Brutal Assault - Part I of V (location of attack and aftermath)
    YouTube Logo YouTube Videos 1 month ago
  9. As Stanford awaits judgment, investors wait for money
    San Antonio Express logo San Antonio Express 1 day ago

    HOUSTON — About 40 investors who lost savings in accounts with accused swindler R. Allen Stanford packed the courtroom where he's on trial Friday, noting the third anniversary of the government lawsuit that shut down his operations. To date, investors ha

  10. Investors bilked in $7B scheme feel forgotten
    King 5 logo King 5 1 day ago

    HOUSTON (AP) — Dozens of frustrated investors have crowded into a Houston courtroom to watch the trial of Texas tycoon R. Allen Stanford, who is accused of bilking thousands of people in a $7 billion Ponzi scheme. Retired IBM engineer Jim Eccles says he

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About Allen Stanford

Wikipedia

Sir Robert Allen Stanford (born March 24, 1950) is a prominent financier, philanthropist, and sponsor of professional sports, who has been charged with fraud. Stanford is the chairman of the privately held, wholly owned Stanford Financial Group of Companies. A fifth-generation Texan who resides in St. Croix, U.S. Virgin Islands, he holds dual... Full Article

Related Photos

James Eccles, a victim of an alleged ponzi scheme perpetrated by R. Allen Stanford, talks outside the federal courthouse Friday, Feb. 17, 2012, in Houston where Stanford is on trial. The jailed tycoon is accused of being behind a massive pyramid scheme that took billions from investors.
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  1. James Eccles, a victim of an alleged ponzi scheme perpetrated by R. Allen Stanford, talks outside the federal courthouse Friday, Feb. 17, 2012, in Houston where Stanford is on trial. The jailed tycoon is accused of being behind a massive pyramid scheme that took billions from investors. AP Photo logo AP Photo 2 days ago

    James Eccles, a victim of an alleged ponzi scheme perpetrated by R. Allen Stanford, talks outside the federal courthouse Friday, Feb. 17, 2012, in Houston where Stanford is on trial. The jailed tycoon is accused of being behind a massive pyramid scheme that took billions from investors.

    View Photo »
  2. Ed Antignolo, right, and his wife Beverly stand with other victims of an alleged ponzi scheme gathered outside the federal courthouse Friday, Feb. 17, 2012, in Houston where R. Allen Stanford is on trial. The jailed tycoon is accused of being behind a massive pyramid scheme that took... AP Photo logo AP Photo 2 days ago

    Ed Antignolo, right, and his wife Beverly stand with other victims of an alleged ponzi scheme gathered outside the federal courthouse Friday, Feb. 17, 2012, in Houston where R. Allen Stanford is on trial. The jailed tycoon is accused of being behind a massive pyramid scheme that took...

    View Photo »
  3. James Eccles, not shown, holds up certificates of deposit from the Stanford International Bank as other victims of an alleged ponzi scheme gather outside the federal courthouse Friday, Feb. 17, 2012, in Houston where R. Allen Stanford is on trial. The jailed tycoon is accused of being... AP Photo logo AP Photo 2 days ago

    James Eccles, not shown, holds up certificates of deposit from the Stanford International Bank as other victims of an alleged ponzi scheme gather outside the federal courthouse Friday, Feb. 17, 2012, in Houston where R. Allen Stanford is on trial. The jailed tycoon is accused of being...

    View Photo »
  4. Angela Shaw, director of the Stanford Victim's Coalition, gives a telephone interview to an Antigua radio station outside the Houston federal courthouse Friday, Feb. 17, 2012, where R. Allen Stanford is on trial. The jailed tycoon is accused of being behind a massive pyramid scheme that... AP Photo logo AP Photo 2 days ago

    Angela Shaw, director of the Stanford Victim's Coalition, gives a telephone interview to an Antigua radio station outside the Houston federal courthouse Friday, Feb. 17, 2012, where R. Allen Stanford is on trial. The jailed tycoon is accused of being behind a massive pyramid scheme that...

    View Photo »
  5. Former Stanford Financial Group Chief Financial Officer James Davis leaves a federal court in Houston after appearing before a magistrate on charges related to the investigation into the company, in this July 13, 2009 file photo. Davis, a former top aide to Texas financier Allen... Reuters Pictures logo Reuters Pictures 1 week ago

    Former Stanford Financial Group Chief Financial Officer James Davis leaves a federal court in Houston after appearing before a magistrate on charges related to the investigation into the company, in this July 13, 2009 file photo. Davis, a former top aide to Texas financier Allen...

    View Photo »
  6. Former Stanford Financial executive Laura Pendergest-Holt stands with her husband Jim Holt and attorney Dan Cogdell (L) outside the Federal Courthouse in Houston in this February 27, 2009 file photo. In early 2009, federal investigators finally closed in on Houston financier R. Allen... Reuters Pictures logo Reuters Pictures 3 weeks ago

    Former Stanford Financial executive Laura Pendergest-Holt stands with her husband Jim Holt and attorney Dan Cogdell (L) outside the Federal Courthouse in Houston in this February 27, 2009 file photo. In early 2009, federal investigators finally closed in on Houston financier R. Allen...

    View Photo »
  7. Texas billionaire Allen Stanford arrives at the Federal courthouse in Houston in the custody of U.S. marshalls in this June 25, 2009 file photo. In early 2009, federal investigators finally closed in on the Houston financier. For more than a decade and a half, Stanford had run an... Reuters Pictures logo Reuters Pictures 3 weeks ago

    Texas billionaire Allen Stanford arrives at the Federal courthouse in Houston in the custody of U.S. marshalls in this June 25, 2009 file photo. In early 2009, federal investigators finally closed in on the Houston financier. For more than a decade and a half, Stanford had run an...

    View Photo »
  8. Stanford Financial Group's former chief investment officer James Davis leaves federal court with his wife Lori in Houston in this August 27, 2009 file photo. In early 2009, federal investigators finally closed in on Houston financier R. Allen Stanford. For more than a decade and a half,... Reuters Pictures logo Reuters Pictures 3 weeks ago

    Stanford Financial Group's former chief investment officer James Davis leaves federal court with his wife Lori in Houston in this August 27, 2009 file photo. In early 2009, federal investigators finally closed in on Houston financier R. Allen Stanford. For more than a decade and a half,...

    View Photo »
  9. Allen Stanford (L) arrives at the Federal Court in Houston January 23, 2012. Stanford, 61, is on trial battling charges that he operated a $7 billion Ponzi scheme from Stanford International Bank Ltd, his offshore bank on the Caribbean island of Antigua. Securities regulators are due in... Reuters Pictures logo Reuters Pictures 3 weeks ago

    Allen Stanford (L) arrives at the Federal Court in Houston January 23, 2012. Stanford, 61, is on trial battling charges that he operated a $7 billion Ponzi scheme from Stanford International Bank Ltd, his offshore bank on the Caribbean island of Antigua. Securities regulators are due in...

    View Photo »
  10. This courtroom sketch shows Former Stanford CFO James Davis, replicating for jurors the handcuffing motion he used to make to warn R. Allen Stanford that what they were doing was illegal Thursday, Feb. 2, 2012 in Houston, Texas. Davis, who pled guilty for his part in a $7 billion Ponzi... AP Photo logo AP Photo 2 weeks ago

    This courtroom sketch shows Former Stanford CFO James Davis, replicating for jurors the handcuffing motion he used to make to warn R. Allen Stanford that what they were doing was illegal Thursday, Feb. 2, 2012 in Houston, Texas. Davis, who pled guilty for his part in a $7 billion Ponzi...

    View Photo »
  11. Attorney David Finn and James Davis, former Chief Financial Officer in Stanford International Bank Ltd. walk out of Bob Casey U.S. Courthouse upon the conclusion of Davis' first day of testimony on Thursday, Feb. 2, 2012, in Houston. Prosecutors allege Texas financier R. Allen Stanford... AP Photo logo AP Photo 2 weeks ago

    Attorney David Finn and James Davis, former Chief Financial Officer in Stanford International Bank Ltd. walk out of Bob Casey U.S. Courthouse upon the conclusion of Davis' first day of testimony on Thursday, Feb. 2, 2012, in Houston. Prosecutors allege Texas financier R. Allen Stanford...

    View Photo »
  12. Securities and Exchange Commission Inspector General David Kotz testifies on Capitol Hill in Washington in this September 22, 2011 file photo. In early 2009, federal investigators finally closed in on Houston financier R. Allen Stanford. For more than a decade and a half, Stanford had... Reuters Pictures logo Reuters Pictures 3 weeks ago

    Securities and Exchange Commission Inspector General David Kotz testifies on Capitol Hill in Washington in this September 22, 2011 file photo. In early 2009, federal investigators finally closed in on Houston financier R. Allen Stanford. For more than a decade and a half, Stanford had...

    View Photo »
  13. In this courtroom sketch, Judge David Hittner, center, listens as witness Michelle Chambliess, right, testifies during the R. Allen Stanford trial in Houston. At left is Assistant U.S. Attorney William Stellmach. AP Photo logo AP Photo 3 weeks ago

    In this courtroom sketch, Judge David Hittner, center, listens as witness Michelle Chambliess, right, testifies during the R. Allen Stanford trial in Houston. At left is Assistant U.S. Attorney William Stellmach.

    View Photo »
  14. Allen Stanford arrives at federal court for a hearing before U.S. District Judge Nancy Atlas in Houston in this August 24, 2010 file photo. Federal prosecutors have narrowed their criminal case against Stanford, the Texas financier accused of running a roughly $7 billion Ponzi scheme... Reuters Pictures logo Reuters Pictures 9 months ago

    Allen Stanford arrives at federal court for a hearing before U.S. District Judge Nancy Atlas in Houston in this August 24, 2010 file photo. Federal prosecutors have narrowed their criminal case against Stanford, the Texas financier accused of running a roughly $7 billion Ponzi scheme...

    View Photo »
  15. Allen Stanford (L), accused of masterminding a $7 billion Ponzi scheme, arrives at federal court in Houston, Texas, in this December 17, 2009 file photograph. Stanford, the Texas financier accused of running a massive Ponzi scheme, has dropped his $7.2 billion lawsuit accusing... Reuters Pictures logo Reuters Pictures 11 months ago

    Allen Stanford (L), accused of masterminding a $7 billion Ponzi scheme, arrives at federal court in Houston, Texas, in this December 17, 2009 file photograph. Stanford, the Texas financier accused of running a massive Ponzi scheme, has dropped his $7.2 billion lawsuit accusing...

    View Photo »
  16. Auctioneer Harry Worstell starts the bidding during a court-ordered auction of property seized from Stanford Financial's offices in Houston June 4, 2011. U.S. Prosecutors have accused Texas financier Allen Stanford of running a $7 billion Ponzi scheme and defrauding investors who bought... Reuters Pictures logo Reuters Pictures 8 months ago

    Auctioneer Harry Worstell starts the bidding during a court-ordered auction of property seized from Stanford Financial's offices in Houston June 4, 2011. U.S. Prosecutors have accused Texas financier Allen Stanford of running a $7 billion Ponzi scheme and defrauding investors who bought...

    View Photo »
  17. A prospective bidder takes a photo of disgraced financier Allen Stanford's purported $3 million antique desk, which he claimed was once owned by a King, which is among items in a court-ordered auction of property seized from Stanford's offices in Houston June 4, 2011. The 8 foot by 4... Reuters Pictures logo Reuters Pictures 8 months ago

    A prospective bidder takes a photo of disgraced financier Allen Stanford's purported $3 million antique desk, which he claimed was once owned by a King, which is among items in a court-ordered auction of property seized from Stanford's offices in Houston June 4, 2011. The 8 foot by 4...

    View Photo »
  18. Potential bidders look at items offered for sale during a court-ordered auction of property seized from disgraced financier Allen Stanford's offices in Houston June 4, 2011. U.S. Prosecutors have accused Stanford of running a $7 billion Ponzi scheme and defrauding investors who bought... Reuters Pictures logo Reuters Pictures 8 months ago

    Potential bidders look at items offered for sale during a court-ordered auction of property seized from disgraced financier Allen Stanford's offices in Houston June 4, 2011. U.S. Prosecutors have accused Stanford of running a $7 billion Ponzi scheme and defrauding investors who bought...

    View Photo »
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AP Photo logo AP Photo 2 days ago

James Eccles, a victim of an alleged ponzi scheme perpetrated by R. Allen Stanford, talks outside the federal courthouse Friday, Feb. 17, 2012, in Houston where Stanford is on trial. The jailed tycoon is accused of being behind a massive pyramid scheme that took billions from investors.

View Photo »
View All »

Related Topics

  1. Stanford University Stanford University
  2. Securities and Exchange Commission Securities and Exchange Commission
  3. U.S. Department of Justice U.S. Department of Justice
  4. Bernard Madoff Bernard Madoff
  5. CNBC CNBC

Timeline of Coverage

  1. Click to see all coverage from Jan 03, 2012
    7
    January 03, 2012
  2. Click to see all coverage from Jan 04, 2012
    3
    January 04, 2012
  3. Click to see all coverage from Jan 05, 2012
    6
    January 05, 2012
  4. Click to see all coverage from Jan 06, 2012
    0
    January 06, 2012
  5. Click to see all coverage from Jan 07, 2012
    2
    January 07, 2012
  6. Click to see all coverage from Jan 08, 2012
    0
    January 08, 2012
  7. Click to see all coverage from Jan 09, 2012
    0
    January 09, 2012
  8. Click to see all coverage from Jan 10, 2012
    3
    January 10, 2012
  9. Click to see all coverage from Jan 11, 2012
    7
    January 11, 2012
  10. Click to see all coverage from Jan 12, 2012
    3
    January 12, 2012
  11. Click to see all coverage from Jan 13, 2012
    34
    January 13, 2012
  12. Click to see all coverage from Jan 14, 2012
    7
    January 14, 2012
  13. Click to see all coverage from Jan 15, 2012
    1
    January 15, 2012
  14. Click to see all coverage from Jan 16, 2012
    1
    January 16, 2012
  15. Click to see all coverage from Jan 17, 2012
    4
    January 17, 2012
  16. Click to see all coverage from Jan 18, 2012
    41
    January 18, 2012
  17. Click to see all coverage from Jan 19, 2012
    4
    January 19, 2012
  18. Click to see all coverage from Jan 20, 2012
    5
    January 20, 2012
  19. Click to see all coverage from Jan 21, 2012
    7
    January 21, 2012
  20. Click to see all coverage from Jan 22, 2012
    13
    January 22, 2012
  21. Click to see all coverage from Jan 23, 2012
    109
    January 23, 2012
  22. Click to see all coverage from Jan 24, 2012
    184
    January 24, 2012
  23. Click to see all coverage from Jan 25, 2012
    116
    January 25, 2012
  24. Click to see all coverage from Jan 26, 2012
    61
    January 26, 2012
  25. Click to see all coverage from Jan 27, 2012
    57
    January 27, 2012
  26. Click to see all coverage from Jan 28, 2012
    11
    January 28, 2012
  27. Click to see all coverage from Jan 29, 2012
    0
    January 29, 2012
  28. Click to see all coverage from Jan 30, 2012
    43
    January 30, 2012
  29. Click to see all coverage from Jan 31, 2012
    51
    January 31, 2012
  30. Click to see all coverage from Feb 01, 2012
    40
    February 01, 2012
  31. Click to see all coverage from Feb 02, 2012
    52
    February 02, 2012
  32. Click to see all coverage from Feb 03, 2012
    71
    February 03, 2012
  33. Click to see all coverage from Feb 04, 2012
    11
    February 04, 2012
  34. Click to see all coverage from Feb 05, 2012
    1
    February 05, 2012
  35. Click to see all coverage from Feb 06, 2012
    53
    February 06, 2012
  36. Click to see all coverage from Feb 07, 2012
    84
    February 07, 2012
  37. Click to see all coverage from Feb 08, 2012
    41
    February 08, 2012
  38. Click to see all coverage from Feb 09, 2012
    8
    February 09, 2012
  39. Click to see all coverage from Feb 10, 2012
    16
    February 10, 2012
  40. Click to see all coverage from Feb 11, 2012
    1
    February 11, 2012
  41. Click to see all coverage from Feb 12, 2012
    43
    February 12, 2012
  42. Click to see all coverage from Feb 13, 2012
    8
    February 13, 2012
  43. Click to see all coverage from Feb 14, 2012
    17
    February 14, 2012
  44. Click to see all coverage from Feb 15, 2012
    40
    February 15, 2012
  45. Click to see all coverage from Feb 16, 2012
    66
    February 16, 2012
  46. Click to see all coverage from Feb 17, 2012
    50
    February 17, 2012
  47. Click to see all coverage from Feb 18, 2012
    13
    February 18, 2012
  48. Click to see all coverage from Feb 19, 2012
    1
    February 19, 2012

Related Videos

  1. Videosurf
    1. CNBC Originals : Secrets of the Knight : Sir Allen Stanford and the Missing Billions
      CNBC Originals : Secrets of the Knight : Sir Al...
      32 months ago
    2. Stanford surrenders, faces court
      Stanford surrenders, faces court
      32 months ago
    3. Stanford charged with massive fraud
      Stanford charged with massive fraud
      32 months ago
    4. Stanford's release delayed
      Stanford's release delayed
      32 months ago
    5. Sir Allen Stanford to appear in court
      Sir Allen Stanford to appear in court
      32 months ago
    6. The curious case of R. Allen Stanford
      The curious case of R. Allen Stanford
      33 months ago
    View All Videosurf Videos »

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