The Collapse of Stanford Financial

It was too good to be true: a financial fairy-tale set on the stunning Caribbean island of Antigua.

Over 20 years, Stanford Financial Group grew from nothing into a 7 billion dollar financial services empire. Except there was no $7 billion. In fact, there was almost nothing. Allen Stanford spent it all while Jim Davis helped cook the books, joined late in the game by Davis’ protégée and lover Laura Pendergest-Holt.

Innocent investors from all over the world who couldn’t afford to lose a penny lost everything. It was second largest Ponzi scheme in U.S. history. It’s a tale of corruption, lies and greed, with a little money laundering on the side. All told through the company’s massive videotape library.

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