![]() ![]() In early 2009, the scale and scope of Stanford’s extravagances finally caught up to him. He even spent $12 million lengthening his yacht by just 6 feet.Īs it happened, however, Stanford indulged in these perks with ill-gotten gains. In one three year period alone, he spent $100 million on aircraft, which included helicopters and private Lear Jets. Watch “American Greed” to see how Stanford went from Scuba Diving instructor to International Banker. At his height in 2008, he was one of the richest men in America, listed on the Forbes 400, and worth an estimated $2.2 billion. Texas-born Robert Allen Stanford exuded wealth. ![]() A federal judge ruled last month that investors could proceed with a lawsuit that alleges the Securities and Exchange Commission (SEC) was negligent in its handling of the fraud. The case of Allen Stanford, a former billionaire who once allegedly sealed a deal with blood and is currently serving a 110-year federal prison sentence, could soon be back in the headlines. Personal Loans for 670 Credit Score or Lower ![]() Personal Loans for 580 Credit Score or Lower Best Debt Consolidation Loans for Bad Credit ![]()
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