Who is R. Allen Stanford?

February 18, 2009 8:06:59 PM PST
Before being named in the massive fraud investigation, Robert Allen Stanford was known around the world as a philanthropist, a globetrotting billionaire and a man who spent millions and millions of dollars to promote the sport of cricket. [SIGN UP: Get headlines and breaking news sent to you]

Stanford certainly led a colorful life. He not only globe-trotted around the world, talking up his cricket tournaments and spending millions of dollars on sports and charities. His wife, with whom he's going through a divorce, is here in Houston.

The Tanglewood area house may be the Stanford family home, but neighbors never saw Stanford, just his estranged wife, Susan.

"She's wonderful, neat, neat person, always happy and loves her daughter," said neighbor Toni Finger.

Susan and Allen are in the middle of a divorce and his divorce attorney, Bucky Allshouse, is as shocked as everyone else about the accusations against his billionaire client.

"It was really unbelievable," he said. "Allen's a very charismatic guy. It's just hard to believe all those allegations. I still don't want to believe them."

By all accounts, Stanford lived a high flying, colorful life. He pumped millions into the sport of cricket, touting to the Daily Telegraph of the sport's potential.

And up until recently he was not shy about showing his wealth, donating millions to charity and telling CNBC that life is pretty good.

"Is it fun being a billionaire?" he was asked.

"Yes, yes," responded Stanford. "I have to say it is fun being a billionaire, but it's hard work."

Now a wanted man, Stanford's attorney says he hasn't been able to reach his billionaire client for weeks.

"I assume he's got other things to do other than worry about me and/or his divorce," said Allshouse.

The divorce proceedings are going on here in Harris County. Neighbors say they haven't seen his soon-to-be ex-wife in a few days.

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