stanford

This fine young gentleman to the left is none other than Sir Robert Allen Stanford. Sir Bob has an estimated net worth of about $2.2 billion dollars, though I’m sure that number will drop in the coming months. The Security and Exchange Commission as of a week ago filed fraud and multiple violations of the U.S. securities laws for “massive ongoing fraud” through a number of his companies and, unfortunately for you, me and every other golf fan this is troubling.

Sir Bob is a big promoter of professional sports, most notably to golf fans with his company’s sponsorship of the PGA event in Memphis and the LPGA’s end of the season event. Not only does Stanford sponsor these events, but they also sponsor some individual golfers including, Vijay Singh, Camilo Villegas, Henrik Stenson, and LPGA golfer Morgan Pressel. This is where I’m going to go off on a tangent for a second because I’m somewhat heated about the player sponsorships specifically.

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