With a fleet of jets, a collection of yachts, and his own professional cricket team, Texas born billionaire Allan Stanford exuded wealth. At his peak he was listed as one of the richest men in America on the Forbes 400, with an estimated worth of 2.2 billion.
In 2009, Stanford was convicted of offering fraudulent high-interest certificates of deposit from his offshore bank in Antigua and using client funds to feed his lavish lifestyle.
More than 20,000 investors have yet to see a return on their money.
Stanford is serving a term of 110 years for his role in the $7 billion dollar international Ponzi scheme.
SOURCE: nuttyfacts
