Reuters reports that Robert Allen Stanford is still on the lam - nobody can find him. Rightfully the court has seized his US assets and Venezuela has seized one of his banks.
...Stanford's whereabouts remain a mystery. CNBC television reported this week that he had tried to hire a private jet to fly from Houston to Antigua, but the jet lessor refused to accept his credit card.
The SEC says it does not know where Stanford is and says he failed to respond to subpoenas seeking testimony.
A federal judge appointed a receiver on Tuesday "to take possession and control of defendants' assets for the protection of defendants' victims."
Stanford's personal fortune was estimated at $2.2 billion last year by Forbes Magazine. He holds dual U.S.-Antiguan citizenship, has donated millions of dollars to U.S. politicians, and has secured endorsements from sports stars, including golfer Vijay Singh and soccer player Michael Owen.
The England and Wales Cricket Board (ECB) has already severed its association with Stanford, and a planned Stanford-sponsored international cricket tournament is now unlikely to take place, ECB chairman Giles Clarke said.
In Antigua, Stanford owns the country's largest newspaper, heads a local commercial bank, and is the first American to receive a knighthood from its government. He has homes across the region, from Antigua to St. Croix in the U.S. Virgin Islands to Miami.