Allen Stanford in trouble

Texan Billionaire Allen Stanford, who courted controversy during the winner-takes-all Super Series involving England last year

Texan Billionaire Allen Stanford, who courted controversy during the winner-takes-all Super Series involving England last year, is apparently in trouble as his financial services company is under investigation by three separate United States regulators.

Investigators from the Financial Industry Regulatory Authority visited six Stanford Group offices to examine computer records as United States federal agencies crack down in the wake of a banking scandal.

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