The Stanford meltdown

When Allen Stanford began to invest millions of dollars in cricket in 2005, he was painted as the saviour of the game in the West Indies. In February 2009, though, shortly after it was announced he was re-evaluating his association with Caribbean cricket, Stanford was charged by the USA's Securities and Exchange Commission of a "fraud of shocking magnitude". He was arrested and indicted in June 2009 and sentenced to a 110-year jail term in June 2012