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Stanford: $9bn fraud 'baloney'

By Ben King

Updated on 07 April 2009

The cricket-loving billionaire businessman accused of a massive fraud gives his first interview, and a robust defence of his business.

He's the cricket-loving Texan billionaire whose financial empire stretches across the Caribbean, and who has been accused by the US financial regulator, the SEC, of a $9bn fraud.

And late last night the cameras caught up with Sir Allen Stanford. In a combative, tearful interview, he called the allegation "baloney" and vowed to fight the allegations with everything in him.

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