Allen Stanford: Antigua feels the fallout of Ponzi case By Nick Davis BBC News, Antigua Stanford organised money-spinning Twenty20 cricket tournaments in the Caribbean Continue reading the main story Related Stories Profile: Allen Stanford Stanford convicted of $7bn fraud Why I blew the whistle on Stanford The trial of Allen Stanford has finally ended, with the Texan financier found guilty of a massive $7bn (£4.5bn) Ponzi scheme by a court in Houston. The fraud was run from his offshore bank in Antigua and investors' money was used to pay for his lavish billionaire's lifestyle. Customers who lost money from across the globe are suing the Caribbean nation but many there think that they too were victims. From the moment you arrive in Antigua, Stanford's presence still looms large. He redeveloped the land around the main airport, so directly opposite arrivals is the Stanford Cricket Ground, and across the road stand the buildings of Stanford Internati...
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