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Showing posts with the label allen stanford

sky starting to fall in on the IPL?

Lalit Modi is copping it from all sides at the moment. Allegations of improper dealings over the awarding of new IPL franchises, investigations into whether they've paid enough tax, I had a journalist contact me about the ownership credentials of one franchise investor who has alleged ties to betting, and now comes an investigation into match-fixing. Even Allen Stanford, the jailed financial megalomaniac who set up a megabucks competition named after himself didn't have that many bullets to dodge! My take on the match-fixing allegations which are published here , why haven't we heard any cry of foul play from legal bookmakers? Globalisation means that even if the vast majority of action happened on the black market, it usually finds it way somehow in the licensed betting community. Either this bloke is going to have one massive fall from grace, or there are persons out there with some very big grudges against him, which often happens if you start crossing people on your que...

Cricket's saviour was actually a crook!

The England cricket team went to pieces when they saw all the money Allen Stanford (he doesn't deserve the Sir title) had to offer last year in the Twenty20 circus, but it looks as if all that money was part of a massive con job! Stanford charged over $8bn fraud He looked as dodgy as they come, and looks like he might get his just desserts....