Allen Stanford - Famous Former Chairman And Ceo Stanford Financial Group (Now Defunct)

Allen Stanford Net Worth

Allen Stanford’s net worth saw dramatic fluctuations throughout his career as an American financier. At its pinnacle, his net worth reached an impressive $2 billion, but unfortunately, it currently stands at $ due to his involvement in a Ponzi scheme and fraud, which led to a 110-year federal prison sentence.

Key facts:

  • Allen Stanford was an American financier and the chairman of the Stanford Financial Group of companies.
  • He was a sponsor of professional sports and donated millions of dollars to politicians in the United States and Antigua.
  • Stanford was investigated and charged in 2009 by the U.S. Securities and Exchange Commission for fraud and other violations involving $7 billion in certificates of deposit.
  • His investment company was found to be a Ponzi scheme and he was convicted of charges of fraud in 2012.
  • Currently, Allen Stanford is serving a 110-year federal prison sentence.

Basic Information About Allen Stanford

CategoryBusiness β€Ί Wall Street
ProfessionsFormer Chairman and CEO Stanford Financial Group (now defunct)
Date of birth1950-03-24 (74 years old)
Place of birthMexia, Texas, U.S.
NationalityAmerican/Antiguan
GenderMale
Social Mediaβ†—οΈŽ Wikipedia

Allen Stanford's photos

References & Fact Checks βœ…

1/ Filename: fdchouston0-031910KZ.jpg
  • Checked: βœ… Yes (2023-07-04 00:56:46)
  • Source URL: https://en.wikipedia.org/wiki/File:FDCHouston0.jpg
  • Original Source: Own work
  • Author: WhisperToMe
  • Date taken: 20 August 2029 This date is not correct.

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