The United States was concerned about rumours of "bribery, money-laundering and political manipulation" surrounding Allen Stanford even before the Texan billionaire signed a 20 million deal with the England and Wales Cricket Board (ECB) in 2008, according to a classified US diplomatic cable released by Wikileaks. The concerns are revealed in a cable dated May 3, 2006, detailing a meeting between Stanford and the US Ambassador to Barbados in Bridgetown, which was also attended by the Barbados Prime Minister and cricket legends signed up by Stanford to push his idea for a series of Twenty20 competitions. "Allen Stanford is a controversial Texan billionaire who has made significant investments in offshore finance, aviation, and property development in Antigua and throughout the region," the Guardian quoted the cable, as saying."His companies are rumoured to engage in bribery, money-laundering and political manipulation," it added.
Source: Sify.com
Three years later the US government decides to do something about it. He was arrested by the FBI on June 18, 2009.
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