Allen Stanford Sentenced To 110 Years In Prison
Texan Allen Stanford was sentenced to 110 years in prison today. In what is regarded as one of the largest Ponzi schemes, Stanford operated from Antigua where he was able to procure a Knighthood.
Many of our islands rely on foreign investment and are therefore vulnerable oftentimes willing to compromise the future of our children when these ‘deep pockets’ come around. Let us learn from the former Sir Allen Stanford experience.
See Related Link: Stanford sentenced to 110 years for $7 bn Ponzi scheme