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Secrets of the Knight: Sir Allen Stanford and the Missing BillionsMore Secrets of the Knight: The Allen Stanford Scandal

ABOUT THE SHOW

It is a financial scandal that shocked the world.  One year later, its secrets are still being revealed. Authorities say flamboyant Texas billionaire Sir Allen Stanford bilked investors out of billions of dollars in order to fund his lavish lifestyle.

The alleged scheme collapsed on February 17, 2009 when federal authorities raided Stanford's office, claiming billions of dollars in customer funds were missing.  Soon after, Allen Stanford gave his only in-depth television interview to CNBC Senior Correspondent Scott Cohn in the original documentary "Secrets of the Knight: Sir Allen Stanford and the Missing Billions."  Now, CNBC follows up with "More Secrets of the Knight” and uncovers more in the story that stretches around the world.

In an exclusive interview, you’ll hear from Stanford’s attorney Kent Schaffer, who tells how he plans to prove his client, is innocent.   We’ll investigate allegations that Stanford bought influence with members of Congress and interview investors, many of whom lost everything.   And, where were the regulators? "More Secrets of the Knight" examines why it took authorities years after the initial complaints to move in.

WEB EXTRAS

Sir Allen Stanford
Sir Allen Stanford
Sir Allen Stanford of Stanford Financial swears he did nothing wrong. CNBC’s Scott Cohn sat down with him in an exclusive interview.


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In May, 2008 Stanford appeared on CNBC’s Squawk Box to discuss emerging markets and real estate, with Carl Quintanilla.


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LATEST NEWS


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  • Stanford Receiver Sues 400 Investors to Recover Funds

      The court-appointed receiver in the Stanford Financial case—whose job is to locate funds to return to investors—is suing some 400 of them in a controversial "clawback" case.

    • Stanford Fraud Case Puts Old Friends at Odds

        Allen Stanford's former college roommate James Davis is now the chief prosecution witness against him. Davis will testify that he witnessed and participated in Stanford's $7 billion Ponzi scheme, the New York Times reports.

    • New Libyan Government Wants Its Stanford Money Back

        With the global financial crisis bearing down on him in late-January, 2009, financier Allen Stanford traveled to Libya in search of a lifeline—money from the Gaddafi regime, whose sovereign wealth funds had been investing with Stanford for some time.

    • Take Your Position: Nuance & Akamai 

        Akamai profit jumps 9 percent, with shares up 16 percent year-to-date, and a look ahead to Nuance Q1 earnings, with the Fast Money team.


SHOW TIMES

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CNBC ORIGINALS


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