Apparently, Sir Allen was working on a “private island” development for all his favorite victims pals. Thirty estates, exclusivity, undisclosed location. All we need now is to blow up Tim Geithner’s seaplane with a solar powered laser and for Nick Nack to show up and start tempting regulators into a funhouse gun battle on the Man With The Golden Gun’s private island. (Of course, that island was near Thailand, not the Caribbean, but still- you get the point).
Scheduled to open in 2011, it would have featured the largest private aviation complex in the world, Forbes said, with enough room to park 100 private jets as well as a jumbo marina with enough dock space for 30 massive yachts. The super-exclusive resort would require members to shell out a $50 million deposit, which would be refunded if they left the development. That was on top of the $15 million annual membership fee.
No word on the actual presence of a solar powered laser on the island, but we wouldn’t be the least bit surprised. Stanford was nothing if not environmentally conscious.
Allen Stanford’s Mystery Island [Dealbook]
john donne laughs in his grave.
Those islands in Thailand are known as the Phi Phi Islands (but pronounced Pee Pee), near of course Phuket (you can guess a possible pronunciation).
awesome!
awesome!
Ever the fraudster, turns out Stanford’s island is actually a peninsula
http://www.youtube.com/watch?v=WVrpMJCjuM0
stanfo’ was just going to rent j epstein’s island out while he was away . . .
I thought it was in the Ping Island chain?
“…we’ll split up into two teams, I’ll take Ned, Ogata and Woladarski.”
-BeckyBelafonteFan
Phallic in an odd sort of way
Title to that land was thrown into question a while back. Construction on the project shut down late last year about the same time as the cricket match.
Employees in Houston were told Oprah, Elton John and others had already paid $30mil deposits to belong to the island resort club.
@8:
“Goodbye, Cody.”
@ 2 here. No mention in Wiki of 007′s Golden Gun but I had thought it was filmed here.
Wiki does mention though that ATMs are “up and running” following the 2004 tsunami. Maybe Sir Allen can start a bank here?
http://en.wikipedia.org/wiki/Phi_Phi
หมู่เกาะพีพี
One house for each ladyboy …
This looks a lot like the island lair of Syndrome in “The Incredibles”.
@11 Be still Sir Allen
-FBI
Wait, so even his “private island ultra-luxo resort” was a freaking ponzi scheme?
This guy is the freakin’ MAN!
A private island for rich dudes? how would they get the hookers in there?