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Secrets of the Knight: Sir Allen Stanford and the Missing BillionsSecrets of the Knight: Sir Allen Stanford and the Missing Billions
PreviewInternational man of mystery. Globetrotting banker. Antiguan knight. Sir Allen Stanford is the moneyman from Texas, accused in a financial scandal that rocked the world. - CNBC’s Senior Correspondent Scott Cohn unlocks a bank vault full of secrets that destroyed savings, ruined lives and threatened a country’s economy.

SIR ALLEN STANFORD AND THE MISSING BILLIONS

In a CNBC Special Presentation “Secrets of the Knight: Sir Allen Stanford and the Missing Billions,” Senior Correspondent Scott Cohn follows a trail that stretches around the world. Sir Allen Stanford, CEO of Stanford Financial Group, heads a financial empire with 30-thousand clients in 133 countries. He’s a Texas billionaire, philanthropist and friend to politicians of both parties.

But, U.S. authorities say his Antigua based Stanford International Bank is an essential strand in a web of deceit…a Global ponzi scheme that has destroyed the savings of unsuspecting investors.

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.

    • Allen Stanford Appears in Rough Shape at Court Hearing

        Federal prosecutors say they can be ready to try accused fraudster Allen Stanford a year from now, but the Judge in the case has agreed to hold off on setting a trial date for at least 60 days, after defense attorneys said they needed more time to review the millions of documents in the case.

    • Allen Stanford to be Moved to Detention Facility

        Accused fraudster Allen Stanford will be moved to a federal detention facility in downtown Houston "by Thursday," his attorney told CNBC.

    • UK Banks Must Disclose Top Pay: Review 

        Banks must disclose how much they pay top employees, a UK government-sponsored report published by Sir David Walker said Thursday. "I am confident that the direction of the proposals I'm making is right," Walker, a former chairman of Morgan Stanley's international unit, told CNBC.


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RELATED LINKS

Resources for Stanford Investors

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