Financial Times FT.com

Stanford vanishes as probe widens

By Joanna Chung in Washington, Stacy-Marie Ishmael in New York and Jennifer Hughes in London

Published: February 18 2009 19:18 | Last updated: February 19 2009 14:16

Sir Allen Stanford, the Texan billionaire charged by US securities regulators with “massive” investment fraud, has disappeared as the investigation into his Houston-based banking group widens.

The Federal Bureau of Investigation (FBI) is conducting its own probe, the Financial Times understands.

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