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malaise

(267,845 posts)
Sat Jan 21, 2012, 03:08 PM Jan 2012

Broke, sick and lonely, Allen Stanford heads to court

Rot you scumbag - rot
http://finance.yahoo.com/news/broke-sick-lonely-stanford-heads-122429951.html
<snip>
No one calls him Sir Allen Stanford anymore. He is inmate number 35017-183.

On Monday, the Texas financier heads to court in Houston to battle charges that he operated a $7 billion Ponzi scheme from Stanford International Bank Ltd, his offshore bank on the Caribbean island of Antigua. By all accounts, his was a life of luxury, filled with private jets, yachts, mansions and the sport of cricket.

Deemed a flight risk in June 2009 by a federal judge, the 6-foot billionaire has been in jail, sporting prison-issue green and orange jumpsuits and shackles instead of the dark, tailor-made suits he once ordered in bulk.

After his arrest, Stanford had a bevy of women, four of whom are mothers of his six children, attend his court hearings. He had a "fiancee" half his age even though he remains legally married.

Stanford lavished the women in his life with trips on private jets, luxury homes and, in one instance, spousal support payments of $100,000 per month, according to court documents.

Only his mother lasted through the entire three days of testimony last month at a hearing in which Stanford was judged competent to stand trial.

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