66-673: Twenty20 is one of the three forms of cricket recognised by the International Cricket Council (ICC) as being played at the highest level, both internationally and domestically. It was introduced by the England and Wales Cricket Board (ECB) in 2003, with the T20 Blast , first ever tournament in history of T20 Cricket. A typical Twenty20 game is completed in about three and a half hours, with each innings lasting around 90 minutes and an official 10-minute break between
132-618: A Cook Islands trust called "Baby Mama", with his mistress and two children as beneficiaries. The trust protected proceeds deposited into Swiss and Isle of Man bank accounts from the sale of a $ 2.5 million Florida home. In 2001, Stanford said that his great-great-great grandfather was a relative of Leland Stanford , the founder of Stanford University . He funded the restoration of Leland Stanford's mansion in Sacramento, California , in an effort "to help preserve an important piece of Stanford family history," and hired genealogists to prove he
198-619: A $ 5.9 billion fine. He was permanently banned from the securities industry. Godbey wrote that Stanford had carried out the fraud for over a decade "with a high degree of scienter ," or knowledge that what he was doing was illegal. Stanford filed a 299-page brief in September 2014 with the 5th U.S. Circuit Court of Appeals in New Orleans on his conviction. The appeal was rejected in October 2015. The United States Court of Appeals for
264-746: A British firm, Vantis Business Recovery Services, the receiver for Stanford International Bank and Stanford Trust Company, the Associated Press reported. Reports surfaced in early February 2009 that the SEC, the FBI, the Florida Office of Financial Regulation, and the Financial Industry Regulatory Authority , a major U.S. private-sector oversight body, were investigating Stanford Financial Group , questioning
330-417: A Twenty20 franchise elsewhere in the world and make far more money. Under-17s and Under-19s are playing T20 games in national championships, and at the detriment of two-day games. Good state players these days are averaging 35; if you were averaging 35 when I was playing your dad would go and buy you a basketball or a footy and tell you to play that. Ricky Ponting , In June 2009, speaking at
396-507: A baseball dugout . The Laws of cricket apply to Twenty20, with major exceptions: Currently, if the match ends with the scores tied and there must be a winner, the tie is broken with a one-over-per-side Eliminator or Super Over : Each team nominates three batsmen and one bowler to play a one-over-per-side "mini-match". The team which bats second in the match bats first in the Super Over. In turn, each side bats one over bowled by
462-563: A bodybuilding gym that failed. His first success in business came from speculating in real estate in Houston after the Texas oil bubble burst in the early 1980s; his father was his partner in this venture. The men made a fortune in the 1980s, buying up depressed real estate and selling it years later as the market recovered. After his father retired in 1993, Stanford took control of the company, which by then had 500 employees. Stanford moved to
528-654: A crowd of 27,509, the highest attendance for any county cricket game at the ground – other than a one-day final – since 1953. Thirteen teams from different parts of the country participated in Pakistan's inaugural competition in 2004, with the Faisalabad Wolves the first winners. On 12 January 2005 Australia's first Twenty20 game was played at the WACA Ground between the Western Warriors and
594-593: A light-hearted manner – both sides turned out in kit similar to that worn in the 1980s, the New Zealand team's a direct copy of that worn by the Beige Brigade . Some of the players also sported moustaches or beards and hairstyles popular in the 1980s, taking part in a competition amongst themselves for "best retro look", at the request of the Beige Brigade. Australia won the game comprehensively, and as
660-537: A simultaneous civil case, was to be lead counsel. On September 26, 2009, Stanford was hospitalized due to injuries sustained while being severely beaten by another inmate at the Cornell Companies -operated, Joe Corley Detention Facility in Conroe. His injuries were described as non-life-threatening. In March 2010, SEC Inspector General H. David Kotz issued a report finding the SEC had failed to uncover
726-399: A tie-breaking bowl-out 3–0; 126 runs were scored apiece in the game proper. The game was the last international match played by Chris Cairns . The ICC has declared that it sees T20 as the optimal format for globalizing the game, and in 2018, announced that it will give international status to all T20 cricket matches played between its member nations. This resulted in a significant leap in
SECTION 10
#1732802443275792-448: A way to express society's anger at such conduct. On June 14, 2012, Stanford was sentenced to 110 years in prison. Although it is less than half of the maximum sentence sought by prosecutors, it virtually ensures he will die in prison. Hittner ordered Stanford to forfeit $ 5.9 billion, saying that Stanford had orchestrated "one of the most egregious frauds ever presented to a trial jury in federal court." At sentencing, Stanford spoke for
858-412: Is a form of limited overs cricket in that it involves two teams, each with a single innings . The key feature is that each team bats for a maximum of 20 overs (120 legal balls). The batting team members do not arrive from and depart to traditional dressing rooms, but come and go from a bench (typically a row of chairs) visible in the playing arena, analogous to association football's technical area or
924-401: Is a shortened format of cricket . At the professional level, it was introduced by the England and Wales Cricket Board (ECB) in 2003 for the inter-county competition. In a Twenty20 game, the two teams have a single innings each, which is restricted to a maximum of twenty overs . Together with first-class and List A cricket, Twenty20 is one of the three forms of cricket recognised by
990-516: The 2007 ICC World Cricket League Division One , a 50-over competition. In December 2007 it was decided to hold a qualifying tournament with a 20-over format to better prepare the teams. With six participants, two would qualify for the 2009 World Twenty20 and would each receive $ 250,000 in prize money. The second tournament was won by Pakistan , who beat Sri Lanka by eight wickets in England on 21 June 2009. The 2010 ICC World Twenty20 tournament
1056-695: The 2007 ICC World Twenty20 . The Board of Control for Cricket in India started the Indian Premier League popularly known as IPL , which is now the largest cricket league, in 2008, which utilizes the North American sports franchise system with ten teams in major Indian cities. In September 2017, the broadcasting and digital rights for the next five years (2018–2022) of the IPL were sold to Star India for US$ 2.55 billion, making it one of
1122-759: The Bank of Antigua , which was renamed the Eastern Caribbean Amalgamated Bank. The Venezuelan government took over Stanford Bank Venezuela , the branch of Stanford's bank in that nation. On February 27, 2009, the SEC said that Stanford and his accomplices operated a "massive Ponzi scheme ", misappropriating billions of dollars of investors' money and falsifying the Stanford International Bank's records to hide their fraud. "Stanford International Bank's financial statements, including its investment income, are fictional,"
1188-689: The Caribbean in the 1980s, first to Montserrat , then to Antigua . With Stanford Finance, he started Guardian International Bank on the island of Montserrat in 1985; he moved it to Antigua during a British crackdown on Montserrat's offshore-banking industry in the 1980s, renaming it Stanford International Bank , an affiliate of Stanford Financial. Early in 2007, Stanford and Baldwin Spencer , prime minister of Antigua and Barbuda and formerly an ally, began verbally feuding in public. In 2009, Antigua's Financial Services Regulatory Commission named
1254-460: The England and Wales Cricket Board (ECB) signed a deal for five Twenty20 internationals between England and a West Indies all-star XI, with a total prize fund of £12.27 million (US$ 20 million) to be awarded to the team that won the Championship. It was the largest prize ever offered to a team for a single tournament. This was in jeopardy after a row with Digicel , the sponsors of
1320-405: The International Cricket Council (ICC) as being played at the highest level, both internationally and domestically. A typical Twenty20 game is completed in about three and a half hours, with each innings lasting around 90 minutes and an official 10-minute break between the innings. This is much shorter than previous forms of the game, and is closer to the timespan of other popular team sports. It
1386-642: The Rose Bowl in Hampshire on 13 June 2005, which England won by a margin of 100 runs, a record victory which lasted until 2007. On 9 January 2006 Australia and South Africa met in the first international Twenty20 game in Australia. In a first, each player's nickname appeared on the back of his uniform, rather than his surname. The international match drew a crowd of 38,894 people at The Gabba . On 16 February 2006 New Zealand defeated West Indies in
SECTION 20
#17328024432751452-543: The Victorian Bushrangers . It drew a sell-out crowd of 20,000, which was the first one in nearly 25 years. Starting on 11 July 2006, 19 West Indies regional teams competed in what was named the Stanford 20/20 tournament. The event was financially backed by billionaire Allen Stanford , who gave at least $ 28 million in funding money. It was intended that the tournament would be an annual event. Guyana won
1518-785: The West Indies , for which he built his own ground in Antigua. The first Stanford 20/20 Cricket Tournament was held in July and August 2006 where Guyana took 1st place defeating Trinidad and Tobago in the final. The second tournament took place in January and February 2008 with a global television audience of 300 million. Trinidad and Tobago took first place and with it the US ;$ 280,000 Stanford Super Series prize after defeating Middlesex on October 27, 2008. In June 2008, Stanford and
1584-673: The Fifth Circuit , affirming much of a United States Tax Court ’s ruling, found that Stanford and his wife, Susan, under-reported their 1990 federal taxes by $ 423,531.36. Public records suggest that Stanford may owe hundreds of millions of dollars in federal taxes. There are four federal tax liens from 2007 and 2008 against Stanford, totaling more than $ 212 million. The FBI and other agencies have been conducting an ongoing investigation of Stanford since 2008 for possible involvement in money laundering for Mexico's Gulf Cartel . According to The New York Times , Stanford once held
1650-490: The Indian fitness website Takath.com that Twenty20 had "raised the bar" in terms of fitness levels for all players, demanding higher levels of strength, speed, agility and reaction time from all players regardless of role in the team. Matthew Hayden credited retirement from international cricket with aiding his performance in general and fitness in particular in the Indian Premier League . Several commentators have noted that
1716-550: The National Honours Committee of Antigua and Barbuda voted unanimously to strip Stanford of his knighthood. On November 2, 2009, the recommendation was forwarded to the Governor-General, Dame Louise Lake-Tack . The order to revoke Stanford's knighthood and insignia was approved and was served upon Stanford on April 1, 2010. Stanford created and funded the Stanford 20/20 cricket tournament in
1782-510: The Ponzi scheme perpetrated by Stanford. Because of concerns raised by former SEC Chief Investigator David P. Weber of improper conduct by Kotz, Inspector General David C. Williams of the U.S. Postal Service was brought in to conduct an independent review. The Williams report found that Kotz "appeared to have a conflict of interest" because he had a personal relationship with an attorney representing Stanford's victims. Stanford's trial date
1848-612: The SEC amended its complaint to describe the alleged fraud as a "massive Ponzi scheme". He voluntarily surrendered to authorities on June 18, 2009. On March 6, 2012, Stanford was convicted on all charges except a single count of wire fraud . He is serving a 110-year sentence at United States Penitentiary, Coleman II in Coleman, Florida . In September 2014, Stanford filed an appeal; it was rejected in October 2015. Stanford grew up in Mexia, Texas . His father, James Stanford (1927–2021),
1914-444: The SEC said. In an interview on April 20 at the law offices of Houston criminal attorney Dick DeGuerin , Stanford denied any wrongdoing. His companies had been well-run, he claimed, until the SEC "disembowelled" them. On June 18, 2009, Stanford was taken into custody by FBI agents. On June 25, 2009, he appeared in a Houston court and pleaded not guilty to charges of fraud, conspiracy, and obstruction. On August 27, 2009, Stanford
1980-421: The SEC. The SEC often files civil charges before criminal charges are filed. Stanford was arrested on June 18, 2009. He surrendered his passport to federal prosecutors, and hired criminal defense lawyer Brendan Sullivan , who had represented Oliver North . Various governments took over Stanford's business operations. The Eastern Caribbean Central Bank announced that it had taken over the local operations of
2046-518: The Super Over is also tied then a " countback " is used, with scores after the fifth ball for each team being used to determine the result. If it is still tied, then the countback goes to four balls, and so on. The latest Super Over to decide a match was between the United States and Pakistan on 6 June 2024, in the 2024 ICC Men's T20 World Cup at Grand Prairie Stadium in Dallas, Texas, with
List of Twenty20 cricket competitions - Misplaced Pages Continue
2112-717: The T20 format has been embraced by many Associate members of the ICC partly because it is more financially viable to play. T20's success has also inspired the invention of even shorter formats, such as T10 cricket and 100-ball cricket , and its impact on cricket has been compared to or served as inspiration for innovations in other sports, such as with the 3x3 variant of basketball or the Indian Pro Kabaddi League . Former Australian captain Ricky Ponting , on
2178-469: The United States winning 18/1 to 13/1 in the Super Over after tying on 159. Tied Twenty20 matches were previously decided by a bowl-out . Women's and men's Twenty20 Internationals have been played since 2004 and 2005 respectively. To date, 76 nations have played the format, including all Test-playing nations . In November 2011, the ICC released the first Twenty20 International rankings for
2244-575: The United States, amongst other countries. In early 2009, Stanford became the subject of several fraud investigations, and on February 17, 2009, was charged by the U.S. Securities and Exchange Commission with fraud and multiple violations of U.S. securities laws for alleged "massive ongoing fraud" involving $ 7 billion in certificates of deposits . The Federal Bureau of Investigation raided Stanford's offices in Houston, Texas ; Memphis, Tennessee ; and Tupelo, Mississippi . On February 27, 2009,
2310-777: The West Indies cricket team, who were unhappy about sponsorship of the event. Eventually, the dispute was sorted out and the championship was won by Stanford Superstars , who defeated the England team by 10 wickets. On February 17, 2009, when news of the fraud investigation became public, the ECB and WICB withdrew from talks with Stanford on sponsorship. On February 20, 2009, the ECB announced it had severed its ties with Stanford and cancelled all contracts with him. Stanford owned two newspaper businesses in Antigua and Barbuda and Saint Kitts and Nevis , both called The Sun . Following
2376-493: The annual Cowdrey Lecture at Lord's , former Australian wicketkeeper Adam Gilchrist pushed for Twenty20 to be made an Olympic sport . "It would," he said, "be difficult to see a better, quicker or cheaper way of spreading the game throughout the world." This became a reality starting with the 2028 Summer Olympics . T20 cricket has also been accepted into the Asian Games and Commonwealth Games . Twenty20 match format
2442-482: The competition, securing $ 280,000 prize money. On 1 November, the Stanford Superstars played England in what was expected to be the first of five fixtures in as many years with the winner claiming $ 20 million in each match. The Stanford Superstars won the first match, but no further fixtures were held as Allen Stanford was charged with fraud in 2009. Several T20 leagues started after the popularity of
2508-400: The consistently higher-than-market returns which Stanford International Bank claimed to make for its depositors. A former executive told SEC officials that Stanford presented hypothetical investment results as actual historical data in sales pitches to clients. Stanford claimed his certificates of deposit were as safe as, or safer than, U.S. government-insured accounts. Federal agents raided
2574-420: The country on the same day as the raids on his headquarters. He contacted a private jet owner and attempted to pay for a flight to Antigua with a credit card, but was refused because the company would accept only a wire transfer. On February 19, acting at the request of the SEC, FBI agents located Stanford at his girlfriend's house near Fredericksburg, Virginia , and served him with civil legal papers filed by
2640-630: The fans. The Women's Big Bash League was started in 2015 by Cricket Australia, while the Kia Super League was started in England and Wales in 2016. The Mzansi Super League in South Africa was started in 2018. Several T20 leagues follow the general format of having a group stage followed by a Page playoff system among the top four teams where: In the Big Bash League, there is an additional match to determine which of
2706-557: The first time in the proceedings, denying that he had ever swindled anyone. He blamed his company's failure on "Gestapo tactics" by government regulators. He is incarcerated at Coleman II USP in Sumterville, Florida ; his earliest possible release is March 13, 2103. On April 26, 2013, federal district judge David Godbey sided with the SEC in its civil suit against Stanford and ordered him to disgorge $ 6.7 billion ($ 5.9 billion in illegal profits and $ 861 million in interest) and pay
List of Twenty20 cricket competitions - Misplaced Pages Continue
2772-455: The fourth- or fifth-placed teams will qualify to be in the top four. The first Twenty20 International match was held on 5 August 2004 between the England and New Zealand women's teams, with New Zealand winning by nine runs. On 17 February 2005 Australia defeated New Zealand in the first men's international Twenty20 match, played at Eden Park in Auckland . The game was played in
2838-428: The game. In October 2018, the ICC announced that the women's ranking would be split between ODIs and T20Is, and released both tables shortly thereafter. This is a list of the current Twenty20 domestic competitions in several of the leading cricket countries. Allen Stanford Robert Allen Stanford (born March 24, 1950) is a convicted financial fraudster, former financier, and sponsor of professional sports. He
2904-659: The inaugural event, defeating Trinidad and Tobago by five wickets, securing $ 1 million in prize money. On 5 January 2007 the Queensland Bulls played the New South Wales Blues at The Gabba , Brisbane . An unexpected 16,000 fans turned up on the day to buy tickets, causing Gabba staff to throw open gates and grant many fans free entry. Attendance reached 27,653. For the February 2008 Twenty20 match between Australia and India, 85,824 people attended
2970-408: The innings. Note : Competitions are initially listed chronologically in the order of the inaugural edition, except in cases of when a defunct competition is replaced by another one they are listed together. Twenty20 First-class cricket One Day International Limited overs (domestic) Twenty20 International Twenty20 (domestic) Other forms Twenty20 (abbreviated T20 )
3036-818: The jury convicted him of masterminding a Ponzi scheme. Prosecutors sought a sentence of 230 years in prison—the maximum permitted by law, and 80 years more than the 150-year sentence handed to Bernard Madoff —calling him "a ruthless predator" who "lived a life steeped in deceit." Stanford's lawyers pressed for a sentence of 31 to 44 months and a maximum of 10 years; the former sentence, with credit for time served, could have allowed him to walk out of prison without further jail time. According to Peter Henning of The New York Times , judges have been more willing to impose sentences for financial fraudsters that effectively amount to life sentences in recent years. The extent to which such frauds wreck people's lives, Henning wrote, amounts to "economic homicide," and such outsized sentences are
3102-693: The match at the Melbourne Cricket Ground , involving the Twenty20 World Champions against the ODI World Champions . The Stanford Super Series was held in October 2008 between the three teams. The respective winners of the English and Caribbean Twenty20 competitions, Middlesex and Trinidad and Tobago , and a Stanford Superstars team formed from West Indies domestic players. Trinidad and Tobago won
3168-576: The men's game, based on the same system as the Test and ODI rankings. The rankings cover a two- to three-year period, with matches since the most recent 1 August weighted fully, matches in the preceding 12 months weighted two-thirds, and matches in the 12 months preceding that weighted one-third. To qualify for the rankings, teams must have played at least eight Twenty20 Internationals in the ranking period. The ICC Women's Rankings were launched in October 2015, which aggregated performance over all three forms of
3234-599: The new format. The first official Twenty20 matches were played on 13 June 2003 between the English counties in the Twenty20 Cup . The first season of Twenty20 in England was a relative success, with the Surrey Lions defeating the Warwickshire Bears by nine wickets in the final to claim the title. The first Twenty20 match held at Lord's , on 15 July 2004 between Middlesex and Surrey , attracted
3300-488: The number of T20I matches played across the world. Every two years an ICC World Twenty20 tournament is to take place, except in the event of an ICC Cricket World Cup being scheduled in the same year, in which case it will be held the year before. The first tournament was in 2007 in South Africa where India defeated Pakistan in the final. Two Associate teams had played in the first tournament, selected through
3366-475: The offices of Stanford Financial on February 17, 2009, and treated it as "a kind of crime scene —cautioning people not to leave fingerprints". The SEC charged Stanford with "massive ongoing fraud" centered on an eight-billion-dollar investment scheme. Stanford's assets, along with those of his companies, were frozen and placed into receivership by a U.S. federal judge, who ordered Stanford to surrender his passport. CNBC reported that Stanford tried to flee
SECTION 50
#17328024432753432-522: The one nominated opposition bowler, with their innings over if they lose two wickets before the over is completed. The side with the higher score from their Super Over wins. If the Super Over also ends up in a tie, it is repeated until the tie is broken. In the Australian domestic competition the Big Bash League , the Super Over is played slightly differently, with no two-wicket limit, and if
3498-753: The other hand, has criticised Twenty20 as being detrimental to Test cricket and for hampering batsmen's scoring skills and concentration. Former Australian captain Greg Chappell made similar complaints, fearing that young players would play too much T20 and not develop their batting skills fully, while former England player Alex Tudor feared the same for bowling skills. Former West Indies captains Clive Lloyd , Michael Holding and Garfield Sobers criticised Twenty20 for its role in discouraging players from representing their test cricket national side, with many West Indies players like Chris Gayle , Sunil Narine and Dwayne Bravo preferring instead to play in
3564-539: The result became obvious towards the end of the NZ innings, the players and umpires took things less seriously: Glenn McGrath jokingly replayed the Trevor Chappell underarm incident from a 1981 ODI between the two sides, and Billy Bowden showed him a mock red card (red cards are not normally used in cricket) in response. The first Twenty20 international in England was played between England and Australia at
3630-442: The world's most lucrative sports league per match. The IPL has seen a spike in its brand valuation to US$ 5.3 billion after the 10th edition , according to global valuation and corporate finance advisor Duff & Phelps. The Big Bash League , Bangladesh Premier League , Pakistan Super League , Caribbean Premier League , and Afghanistan Premier League started thereafter, following similar formulae, and remained popular with
3696-470: The younger generation in response to dwindling crowds and reduced sponsorship. The Board wanted to deliver fast-paced, exciting cricket accessible to fans who were put off by the longer versions of the game. Stuart Robertson, the marketing manager of the ECB, proposed a 20-over-per-innings game, invented by New Zealand cricketer Martin Crowe , to county chairmen in 2001, and they voted 11–7 in favour of adopting
3762-608: Was a member of the Leland Stanford family. A university spokesperson said "We are not aware of any genealogical relationship between Allen Stanford and Leland Stanford". In 2008 the university filed a trademark infringement suit against Stanford, claiming the school's name was being used "in a way that creates public confusion" and is "injurious". A February 2009 Houston Chronicle article described Stanford as "the leading benefactor, promoter, employer and public persona" of Antigua and Barbuda . On November 1, 2006, Stanford
3828-598: Was admitted into the Conroe, Texas , Regional Medical Center. He had complained of a racing heart while being transported from the private prison in Huntsville, Texas , to the Federal Courthouse in Houston to attend a hearing concerning his attorney, Dick DeGuerin , who had asked the court for permission to withdraw from Stanford's case. Robert Luskin of Patton-Boggs , which had been representing Stanford in
3894-744: Was appointed Knight Commander of the Order of the Nation (KCN) of Antigua and Barbuda by the Antiguan government. Prince Edward, Earl of Wessex , joined the then Governor-General of Antigua and Barbuda, Sir James Carlisle , to make this announcement during the Silver Jubilee Independence Day Celebration. After being knighted, Stanford used the awarded title "Sir Allen" often; he was generally referred to as such both by Antiguans and internationally. In October 2009,
3960-772: Was being held at the Federal Medical Center at the Federal Correctional Complex, Butner in Butner, North Carolina. His attorneys claimed that Stanford was unfit to stand trial due to amnesia resulting from his sustained injuries. On December 22, 2011, he was found competent to stand trial by U.S. District Judge David Hittner . The trial began on January 24, 2012, at the Houston Federal Courthouse, Judge Hittner presiding. On March 6, after three hours of deliberation,
4026-476: Was convicted of fraud in 2012, having operated an eight billion dollar Ponzi scheme , and is now serving a 110-year federal prison sentence. Stanford was the chairman of the now-defunct Stanford Financial Group of Companies. A fifth-generation Texan who once resided in Saint Croix, U.S. Virgin Islands , he holds dual citizenship , as a citizen of Antigua and Barbuda and of the United States . He contributed millions of dollars to politicians in Antigua and
SECTION 60
#17328024432754092-493: Was held in Bangladesh. The 2016 ICC World Twenty20 was won by West Indies. In July 2020, the ICC announced that both the 2020 and 2021 editions had been postponed by one year due to the COVID-19 pandemic . In June 2021, the ICC expanded the Twenty20 World Cup from 16 to 20 teams starting from the 2024 edition onwards. Twenty20 cricket is claimed to have resulted in a more athletic and explosive form of cricket. Indian fitness coach Ramji Srinivasan declared in an interview with
4158-403: Was held in the West Indies in May 2010, where England defeated Australia by seven wickets. The 2012 ICC World Twenty20 was won by the West Indies, by defeating Sri Lanka at the finals. It was the first time in cricket history when a T20 World Cup tournament took place in an Asian country. The 2014 ICC World Twenty20 was won by Sri Lanka, by defeating India at the finals, where the tournament
4224-425: Was introduced to create a fast-paced game that would be attractive to spectators at the ground and viewers on television. The game has succeeded in spreading around the cricket world. On most international tours there is at least one Twenty20 match and all Test -playing nations have a domestic cup competition. When the Benson & Hedges Cup ended in 2002, the ECB sought another one-day competition to fill with
4290-473: Was mayor of Mexia and a member of the Board of Directors of Stanford Financial Group . His mother, Sammie (née Conn), is a nurse. After his parents divorced in 1959, Stanford and his brother went to live with their mother. Stanford graduated from Eastern Hills High School in Fort Worth, Texas . In 1974, Stanford graduated from Baylor University in Waco, Texas , earning a BA degree in finance . Stanford started in business in Waco, Texas , opening
4356-462: Was set for January 2011. The district judge deemed that Stanford's anti-anxiety drug addiction impaired his judgment and therefore made him unfit to stand trial. Stanford was incarcerated at the Federal Detention Center, Houston . In February 2011 Stanford issued a counter-claim of $ 7.2 billion of damages against the FBI and the SEC. In May, prosecutors dropped seven charges against Stanford, leaving 14 charges ongoing. By November 5, 2011, Stanford
#274725