R. Allen Stanford

Inauthentic in every way, R. Allen Stanford strove to be a British lord of the manor, yet his financial dealings and personal misconduct, has been so unseemly, which is frowned upon by the aristocracy. 

His girlfriends are distressed, as they have been forced out of properties bought with stolen, ponzi scheme money. Stanford couldn't even buy a plane ticket, as the government rightfully froze everything, including his credit cards. He needs to feel what his customers/victims are feeling, their money frozen with much of it gone.

Prior to the government swooping in on him, Stanford lived and worked in the lap of luxury all over the world. He spared no expense pampering himself, buying the most expensive toys money could conquer. He apparently bought people as well.

One of his most treasured items, is a signed letter from fellow Texan, buddy George W. Bush. Former president Bush had that special relationship with the founders of Enron as well, who are also his friends.

It's amazing how the minute Bush is out of office, after years of granting Stanford impunity, all of a sudden the Feds take him down and are charging his company like a bull, pardon the pun. 

Adding another terrible twist to this story is the fact Stanford refuses to deny working for the CIA. I mentioned this rumor on the site weeks ago and someone finally asked him on TV (see article excerpt below).

In response to a question where one asks you if you work for the CIA, responding, "I'm not going to talk about that" implies there is a "that" to talk about and something exists in the form of a relationship.

To my readers, if someone asked you if you work for the CIA, knowing you do not, wouldn't you just say no. Why dance around the question, especially one of that nature, if you have nothing to hide. 

Side Bar: Ironically the FBI and CIA, among others in government, read this website, according to site stats, so that question wasn't for you! 

Stanford was not building wealth, he was destroying it, via stealing investors' money in a ponzi scheme. People's hard earn cash, gone, evaporated, up in smoke, so this man could pretend he is something he is not and the government indulged this fantasy for years, when they should have locked him up.

His story, in terms of the grandiose manner he lived and allegedly worked, reminds me of Centrust banker, David Paul, who had gold sinks in his office bathrooms.

Today, the soaring office building he once owned and occupied in downtown Miami now belongs to others, as he was imprisoned on a series of financial crimes.

His trial was open to the public and being interested in law, I had the opportunity to catch a half an hour of it when I was a teenager. Here was this man, a millionaire, facing the fall of an empire, built on misdeeds. It can happen to anyone who takes that route and it is one worth avoiding.

Stanford's offices were similarly outfitted with the finest luxury items, plush furnishings and expensive materials, such as marble and mahogany, bought with money from investors he fleeced, many, out of their lifesavings. Much like David Paul, the government has now seized his empire as well.

Corporate America is sorely lacking in governance. The authorities in this realm of commerce, need to do more to ensure history does not keep repeating itself in this manner and at the taxpaying public's expense.