Friday, May 14, 2010

Allen Stanford surrendered to FBI

Allen Stanford, one of the richest persons in Caribbean knighthood has surrendered to FBI on Thursday. 59-year-old Allen Stanford, who had a passion in cricket, has committed fraud in his business; recently US regulators accused him and three of his companies for fraudulently sold $8 billion in high-yield certificates of deposit issued by Stanford International Bank Ltd. So Allen Stanford surrendered to the FBI to face criminal charges.

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