Crime

Ponzi Schemer Allen Stanford Got Seriously Messed Up In Jailhouse Fight

Allen Stanford, the would-be cricket baron who engineered an $8 billion Ponzi scheme from his Miami headquarters, bought Coral Gables castles for his mistresses, and all-but ruled Antigua as a personal fiefdom, has not had an easy go of it in prison since the fraud disintegrated last year. He checked in and out of hospitals with heart problems, complained about the conditions and -- last October -- he endured a vicious beat-down by his fellow inmates.

British tabloid the Daily Mail now has the post-attack photos, and sweet sassy molassy it looks like Stanford took a wicked thrashing. We're all about the schadenfreude, but this is just wrong.


While he was in Miami and the Caribbean, Stanford took Ponzi scheming to new and glorious heights. Read our feature about the Texan for the full details, but some of his less crazy highlights include starting a $20 million prize cricket tournament, regularly drunk driving his Jeep around Antigua, and threatening to punch TV reporters in the mouth.

Sadly, the Daily Mail reports that conditions at the Texas jail where he was held last year were less than ideal. The paper says 14 prisoners were crammed into a space meant for eight, and that the fight may have started over Stanford taking a phone call.

The paper has more gory photos, but here's Stanford post-ass-kicking:

Stanford now resides in a federal prison in Houston, awaiting trial set for January.

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Tim Elfrink is a former investigative reporter and managing editor for Miami New Times. He has won the George Polk Award and was a finalist for the Goldsmith Prize for Investigative Reporting.
Contact: Tim Elfrink