Swindled

18. The Tycoon (Allen Stanford)

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Oct 7, 2018
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ANECDOTE

Marin's Downfall

  • Michael Marin, a Wall Street millionaire, faced financial ruin.
  • He attempted an illegal raffle of his mansion and later set it on fire for insurance money.
ANECDOTE

Cyanide in Court

  • Marin's arson trial resulted in a guilty verdict, facing 16 years without parole.
  • Upon hearing the verdict, he ingested cyanide in the courtroom and died.
ANECDOTE

Stanford's Showmanship

  • Alan Stanford landed his helicopter on a running track as a publicity stunt.
  • Despite appearing successful, he was heavily in debt and facing business failures.
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