Allen Stanford Stanford created and funded the Stanford 20/20 cricket tournament in the West Indies, for which he built his own ground in Antigua. The first Stanford 20/20 Cricket Tournament was held in July and August 2006. The second tournament took place in January and February 2008 with a global television audience of 300 million. Trinidad and Tobago took first place and with it the US $280,000 Stanford Super Series prize after defeating Middlesex on October 27, 2008. In June 2008, Stanford and the England and Wales Cricket Board (ECB) signed a deal for five Twenty20 internationals between England and a West
Allen Stanford civil legal papers filed by the SEC. The SEC often files civil charges before criminal charges are filed. Stanford was arrested on June 18, 2009. He surrendered his passport to federal prosecutors, and hired criminal defense lawyer Brendan Sullivan, who had represented Oliver North. Various governments took over Stanford's business operations. The Eastern Caribbean Central Bank announced that it had taken over the local operations of the Bank of Antigua, which was renamed the Eastern Caribbean Amalgamated Bank. The Venezuelan government took over Stanford Bank Venezuela, the branch of Stanford's bank in that nation. On February 27, 2009, the SEC