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UPDATED: Stanford Trying To Flee USA! US Federal Authorities: Allen Stanford Money-Laundering For Drug Cartels

Sticky Wicket! Sir Allen Stanford Under US Federal Drug Investigation

Sticky Wicket! Allen Stanford - US Federal Drug Investigation

UPDATE – February 19, 2009

Various sources are reporting that as late as last night, Stanford was seen trying to flee the USA in a chartered jet bound for Antigua but was refused because the charter company wouldn’t take his credit card. (TelegraphUK: Sir Allen Stanford’s ‘attempted flight’ thwarted as credit card refused)

Original Article…

Allen Stanford’s office and banking buildings on Antigua were constructed conveniently close to the airport. According to the local rumour, certain aircraft didn’t have to clear customs in exactly the same manner as most others. It looks like there might be something to the rum-shop stories…

United States federal authorities are putting out the word that as well as the Ponzi-scheme fraud charges, Sir Allen might be facing the music for money-laundering for a Mexican drug cartel and bribing public officials. Apparently the investigation has been going on “for some time” and one of Stanford’s aircraft was seized while transporting drug money.

Meanwhile, American politicians all the way up to the very top are quickly saying “We had no idea!” No less personages than former President Bill Clinton, Speaker of the House Nancy Pelosi and Senator John McCain are on video gushing wonderful things about Allen Stanford. Well, they said nice things up until the past week or so anyway!

At the time of this writing, Stanford is on the run. If I were a betting man, I wouldn’t want to put my money on Stanford’s chances if he doesn’t surrender soon.

The U.S. Marshalls are not the only organisation that is hunting Sir Allen.

Further Reading

ABC News: Accused Financier Under Federal Drug Investigation

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