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Sir Allen Stanford: Texan billionaire cricket promoter arrested by the FBI
http://www.telegraph.co.uk/finance/financetopics/sir-allen-stanford/5574972/Sir-Allen-Stanford-Texan-billionaire-cricket-promoter-arrested-by-the-FBI.html - Allen Stanford, the cricket-loving Texas billionaire, has surrendered to the FBI and will face criminal charges over allegations of massive fraud involving certificates of deposit issued by his Antigua bank, his lawyer said.
Sir Allen, who was arrested on Thursday night, was due to appear in a federal court in Richmond, Virginia, on Friday morning. He is already facing civil charges over the financial dealings.
The 59-year-old golf and cricket promoter gave himself up in Virginia on Thursday, Dick DeGuerin, his lawyer confirmed. Read More...
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