Tuesday, February 17, 2009

Sir Allen Stanford arrested

Well the poo done hit the fan now. Breaking news just in is that Antigua-based business mogul Sir Alan Stanford has been arrested for a 16 billion dollar investment fraud by US authorities.

According to Cricinfo News, the Securities and Exchange Commission said that they were "alleging a fraud of shocking magnitude". You can check the story here.

Wuhloss. I always knew there was something shady about Stanford and how he threw his cash around the Caribbean. I hope Suleiman Benn and the other cricketers who became instant millionaires in the recent Twenty-Twenty cricket tournament don't have to give the money back. And you know the Queen's taking back his knighthood....

Image: http://content-usa.cricinfo.com

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