How Allen Stanford Built an $8 Billion Financial Empire on Lies | SLICE WHO | FULL DOCUMENTARY

In 2009, Allen Stanford was one of the world’s most influential bankers, with a fortune estimated at $2.2 billion. He was known as a philanthropist, sportsman, and media mogul, but behind the success lay one of the biggest financial scams in history—an $8 billion Ponzi scheme. Running Stanford International Bank, which managed $10 billion for over 31,000 clients globally, Stanford promised extraordinary returns. Yet, the truth was shocking: the money funded his lavish lifestyle, not investments.

Despite no formal banking background, Stanford started in the 1990s in Antigua & Barbuda, a Caribbean tax haven, where he forged ties with political elites and built an empire. His charm, influence, and connections—including being knighted by the Queen’s son—helped maintain his facade. However, the 2008 financial crisis exposed his deceit. As panicked investors demanded their funds, his empire crumbled, revealing a hollow bank with no real assets.

Stanford, a womanizer and international cricket player, evaded authorities until his dramatic arrest in 2009. By 2012, he was sentenced to 110 years in prison, marking the fall of one of the most notorious financial criminals.


Documentary: White Collar Gangsters – Ep3: Allen Stanford
Directed by: Carolien Amiard
Production: Pallas Télévision

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