Allen Stanford Indies all-star XI, with a total prize fund of £12.27 million (US$20 million) to be awarded to the team that won the Championship. It was the largest prize ever offered to a team for a single tournament. This was in jeopardy after a row with Digicel, the sponsors of the West Indies cricket team, who were unhappy about sponsorship of the event. Eventually, the dispute was sorted out and the championship was won by Stanford Superstars, who defeated the England team by 10 wickets. On February 17, 2009, when news of the fraud investigation became public, the ECB and WICB
Stanford International Bank Stanford International Bank Stanford International Bank was a bank based in the Caribbean, which operated from 1986 to 2009 when it went into receivership. It was an affiliate of the Stanford Financial Group and failed when the its parent was seized by United States authorities in early 2009 as part of the investigation into Allen Stanford. Prior to its demise, Stanford International Bank Limited (SIBL) offered certificate of deposit (CDs) at rates consistently higher than those available from banks in the United States. The bank was started by Allen Stanford in 1986 in Montserrat where it was called Guardian International