As the legal wrangles continue over his part in a giant fraud, money laundering case, he faces 21 federal criminal charges of a misappropriation of funds involving hisMBT Shoesfinancial empire. Not only have his assets been frozen, his state of health is said to be cause for concern as well and now seeks a new legal team to fight his case.I've always enjoyed footy tipping competitions and I've even won a few over the years. This season I've decided to go a step further and sign up to the AFL Dreamteam competition with my mate - let's called him "Drew" to protect his identity.While Ali could at leastsell wow goldwith honesty and classy knock outs, and smile at his success, giving him every right to boast, Stanford’s ponzi scheming, like that other greedy swindler Bernie Madoff, New York’s own bucket of scum, tried to pull a fast one. Those who doubted Stanford from the start were justified in their own suspicions how at first glance he was another pernicious phony. The world is full of them, and since he has been unmasked as such, has beenjimmy chooof his knighthood through which he tried to grease-palm his way into the Lord’s Longroom.Life was one of flamboyant luxury, and a style that goes hand in hand with the multi-billionaires of this world, who are high on the Forbes lists of the corporate and executive rich. He enjoyed a lavish jetset lifestyle whether travelling or dining. Scenes of Roman-style banquets where they served exotic seafood dishes on gold plated plates and drank exquisitecheap jordans for sale 30-year-old champagne from France at US$10 000 a bottle, while wearing hand-tailored finely woven silk suits and shirts, was an every day occurrence.If you're not familiar with the concept, fantasy football leagues basically let you nominate your "dream" line up by drawing on players from any team in the competition. Each round you're awarded points according to the real world stats of each player in your virtual "dream" team, and you compete against other players in your virtual league.
Reports are that the SEC alleges Stanford operated a gigantic Ponzi scheme. Stanford has denied that allegation that he and several associates stole more thaned hardy clothingfrom investors.A Ponzi scheme is a fake business in which early investors receive returns on their money. Those returns, however, are not actual profits from any legitimate business. They simply are portions of the money placed into the fake business by subsequent investors.
