Stanford Super Series with the Superstars and England. The tournament collapsed following the arrest (and subsequent conviction) of Allen Stanford for an $8 billion fraud, part of which funded the prize money for the Super Series. Allen Stanford proposed emphasizing Twenty20 cricket as a way to promote cricket in the West Indies. He created the Stanford 20/20, a yearly tournament featuring teams from the island nations that made up the West Indies. From the first edition of his tournament in 2006 he aimed to have the best players from his tournament play as a team against an international team. Initially South Africa had
Allen Stanford company, which by then had 500 employees. Stanford moved to the Caribbean in the 1980s, first to Montserrat, then to Antigua. With Stanford Finance, he started Guardian International Bank on the island of Montserrat in 1985; he moved it to Antigua during a British crackdown on Montserrat's offshore-banking industry in the 1980s, renaming it Stanford International Bank, an affiliate of Stanford Financial. Early in 2007, Stanford and Baldwin Spencer, prime minister of Antigua and Barbuda and formerly an ally, began verbally feuding in public. In 2009, Antigua's Financial Services Regulatory Commission named a British firm, Vantis Business Recovery Services, the