Allan Stanford charged of fraud in US

T20 Cricket Tycoon and Texan Billionaire Allen Stanford is in the midst of another controversy. Barely had the murmur over his "lap sitting with Matt Prior's wife and other English Cricketers' WAGs" subsided, here's the big one.

Reports coming in say that the Securities and Exchange Commission (SEC) of the United States are investigating a fraud case against Allen Stanford which could be of massive proportions. It is being alleged by the SEC that Stanford and his crony of close friends may have lied making false promises and manipulating historical data to cheat potential investors.

The English Cricket Board which has already taken a lot of flak for its dealing with Allen Stanford has been quick to distance itself from the billionaire, saying it is suspending any further negotiations with Stanford pending the results of the investigation.

It's almost crazy now the amount of off-field controversy that the game of cricket seems to keep getting shrouded in.

Click here for our previous story and image on the controversy over Allen Stanford and the Lap of Matt Prior's Wife.

Pictures of Matt Prior's wife sitting on Allen Stanford's laps -

Imagine Mrs Dhoni sitting on IPL chief Lalit Modi's lap! Thankfully Mrs Dhoni is still an imaginary being, and Modi is not Stanford. Else you could be guaranteed a milion non-stop videos of that on India TV and the many other idiotic news channels. But the T20 for 20 is real and so is Mrs Matt Prior, and Allen Stanford did manage to get the wife of the English wicket keeper on his lap, during a T20 for 20 match in Antigua.

Yes, that indeed is the Texan Billionaire Allen Stanford with Matt Prior's wife on his lap and surrounded by the wives and girlfriends (WAGs) of the English cricketers who are in Antigua for the T20 for 20 million $ Cricket Super Series. Imagine the shock of Matt Prior, Kevin Pietersen and other English cricketers when they saw this images being flashed live on the screen in the ground.

Stanford has since personally apologised to the English players, saying he was unaware they were the English cricketers' WAGs. "The girl who was stood up plopped down on my knee. I did not put her on my knee or sit here on my lap, she just plopped down. It was strictly an innocent thing. I apologised to Matt and to Kevin (Pietersen, the England captain)," he said.