Notifications
Clear all

"Sir" Alan Stanford is sick, lonely and broke  

 

Beeski
(@beeski)
Trusted Member
Joined: 12 years ago
Posts: 644
January 22, 2012 8:30 pm  

his trial is getting ready to start on Monday:

http://news.yahoo.com/broke-sick-lonely-stanford-heads-court-122429573.html


Quote
OldTart
(@the-oldtart)
Expert
Joined: 9 years ago
Posts: 6523
January 22, 2012 8:38 pm  

He certainly had a good run for the money for many years - all at the expense of others. So many of his victims, although not wearing prison garb and eating peanut butter on stale bread (!) are likewise sick and broke but hopefully not as lonely as he.


ReplyQuote
dntw8up
(@dntw8up)
Trusted Member
Joined: 15 years ago
Posts: 1866
January 22, 2012 10:36 pm  

A delightful article - thanks for posting it Beeski!


ReplyQuote
Iris Tramm
(@Iris_Tramm)
Trusted Member
Joined: 11 years ago
Posts: 681
January 23, 2012 11:37 pm  

GOOD!


ReplyQuote
Beeski
(@beeski)
Trusted Member
Joined: 12 years ago
Posts: 644
January 25, 2012 1:11 pm  

the "we did nothing wrong" defense
as the late, great Robert Palmer said
"she's so fine, there's no telling where the money went"
http://www.ft.com/cms/s/0/995b8b0e-46e3-11e1-85e2-00144feabdc0.html#axzz1kSwSEbtv


ReplyQuote
jbatl
(@jbatl)
Advanced Member
Joined: 9 years ago
Posts: 399
January 25, 2012 1:49 pm  

http://www.ft.com/cms/s/0/995b8b0e-46e3-11e1-85e2-00144feabdc0.html#axzz1kSwSEbtv/blockquote >

It appears your link is subscription only.


ReplyQuote
Beeski
(@beeski)
Trusted Member
Joined: 12 years ago
Posts: 644
January 25, 2012 3:24 pm  

alas, it went to subscription land.
Let's try the Washington Post version:
http://www.washingtonpost.com/business/stanford-told-lie-after-lie-to-investors-us-prosecutor-says/2012/01/25/gIQAcA8FQQ_story.html

ahhhh....the good old days of multiple private jets on the Rohlsen tarmac.....my favorte paragraphs:

Stanford also “waved his magic wand” to increase the value of an unimproved island property from $63 million to $3 billion during the worst economic downturn since the Great Depression, according to the prosecutor.

The financier is accused of bribing his now-dead auditor and an Antiguan banking regulator who received cash, National Football League Super Bowl championship tickets and use of Stanford’s private jets.


ReplyQuote
NugBlazer
(@NugBlazer)
Advanced Member
Joined: 14 years ago
Posts: 344
January 26, 2012 12:29 am  

With any luck, Sanford's illness will be long and painful, just like the fallout from his egregious misdeeds will be for his victims.


ReplyQuote
Beeski
(@beeski)
Trusted Member
Joined: 12 years ago
Posts: 644
February 1, 2012 1:26 pm  

Alan Stanford's saga in pictures:
http://www.businessinsider.com/the-once-fabulous-life-and-saga-of-alleged-ponzi-schemer-allen-stanford-2012-1?op=1

They left out before and after pics of the Kaiser Estate on Recovery Hill.....4 beautiful homes, tennis courts, gardens....all gone...even the slabs.


ReplyQuote
SkysTheLimit
(@SkysTheLimit)
Trusted Member
Joined: 13 years ago
Posts: 1914
February 3, 2012 8:21 pm  

"He had to change prisons in late 2009, after a jail fight left him severely injured."
Looks like they whooped him pretty good!


ReplyQuote
STXBob
(@STXBob)
Trusted Member
Joined: 14 years ago
Posts: 2138
February 3, 2012 8:30 pm  

R. Allen Stanford lost the "Sir" in 2010.

KNIGHT NO MORE: Antigua revokes Stanford's honour http://www.cananews.net/news/131/ARTICLE/48038/2010-04-04.html


ReplyQuote
dntw8up
(@dntw8up)
Trusted Member
Joined: 15 years ago
Posts: 1866
March 7, 2012 6:34 am  

Jury convicts Stanford in $7 billion Ponzi scheme
Former financier faces up to 20 years in prison, but could serve much longer
http://www.msnbc.msn.com/id/46642425/ns/business-us_business/#.T1b-jXtKitI


ReplyQuote
Beeski
(@beeski)
Trusted Member
Joined: 12 years ago
Posts: 644

ReplyQuote
noOne
(@noOne)
Trusted Member
Joined: 10 years ago
Posts: 1495
June 14, 2012 8:04 pm  

I like the no remorse part.


ReplyQuote
OldTart
(@the-oldtart)
Expert
Joined: 9 years ago
Posts: 6523
June 14, 2012 8:42 pm  

And in other news, Dawn Prosser is up for a retrial in that ongoing VI rape saga:

http://stthomassource.com/content/news/local-news/2012/06/13/judge-orders-retrial-fraudulent-transfer-case-against-dawn-prosse


ReplyQuote
vasecs
(@vasecs)
Advanced Member
Joined: 11 years ago
Posts: 175
June 15, 2012 11:50 am  

I wonder what happens to the Kaiser Property that he destroyed?


ReplyQuote
Beeski
(@beeski)
Trusted Member
Joined: 12 years ago
Posts: 644
June 16, 2012 12:32 am  

I wonder what happens to the Kaiser Property that he destroyed?

It will eventually be auctioned off as part of his personal bankruptcy asset sale.
Stanford Eagle business assets have already been auctioned off.

The tragedy of the destruction of the Kaiser Estates 3 beautiful houses, tennis courts, caretakers house, with even the slabs removed....what kind of a jackass would do such a thing?


ReplyQuote
Close Menu