Case: The Caribbean Banker - Global Center on Cooperative ... · 6/13/2013  · Case: The Caribbean...

Case: The Caribbean Banker

Jan Beens, AML/CFT Project coordinatorKenya School of Monetary Studies (KSMS)Nairobi, KenyaEmail: BeensJ@ksms.or.ke Mobile phone:+254 (0) 700355175

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KENYANAML/CFT

The Stanford International Off shore Bank inAntigua-Barbuda in 2005

•The number of accounts•The money on the average account•The different countries of the clients• Accounts related to possible criminal behavior•Possible graphic situation• Number of STR Reports to the FIU 2003/2004

2 STR´s have been reported to the FIU over the last two years…….

The FBI are the least of Sir Allen Stanford's worries - now he is on

the run from “Scarface”

Bloodied and shackled: Controversial cricket tycoon Allen Stanford beaten up

by jail inmates as he awaits trial.

On March 6, 2012, Allen Stanford was convicted on 13 of 14 felony counts for ongoing fraud which was estimated at about $7 billion. The disgraced financier was sentenced to 110 years in prison for his crimes, and he is currently in federal prison until the Bureau of Prison decides where to put him. His harsh sentence for running a Ponzi is 40 years less than what Bernie Madoff received when he was sentenced.