How he made his pile: 'Sir' Allen Stanford, Investment tycoon

Who is he? The 59-year-old 'cricket banker' lately charged with fraud. Last year, his own fortune was put at $2.2bn.

Last Updated: 31 Aug 2010

How did he make his billions? Don't ask us. His first millions came from property speculation in his native Texas. In the late '80s, he set up the Guardian International Bank on Montserrat, and was probed by the FBI on suspicion of laundering Pablo Escobar's drug money. He then set up Stanford International Bank on Antigua. Close links with the island's PM got him prime real estate, restaurants and a newspaper. Assets and funds under management at the bank soared to $51bn on his promises of high returns. Stanford was seen landing at Lord's in his own helicopter, waving his money around. Now the FBI is trawling through his undies, to discover what happened to $8bn of investors' cash.

The secret of his success? He built close relations with Antigua's locals and leaders, cultivating the image of a showman who was pals with everyone - from Michael Owen to Prince Charles.

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