Thursday, May 14, 2009

CNBC'S "SECRETS OF THE KNIGHT: SIR ALLEN STANFORD AND THE MISSING BILLIONS" TO PREMIERE MAY 14TH - CNBC News Releases - CNBC.com

CNBC'S "SECRETS OF THE KNIGHT: SIR ALLEN STANFORD AND THE MISSING BILLIONS" TO PREMIERE MAY 14TH - CNBC News Releases - CNBC.com:

"CNBC'S 'SECRETS OF THE KNIGHT: SIR ALLEN STANFORD AND THE MISSING BILLIONS' TO PREMIERE MAY 14TH
CNBC'S 'SECRETS OF THE KNIGHT: SIR ALLEN STANFORD AND THE MISSING BILLIONS' TO PREMIERE MAY 14TH (ALL TIMES ARE ET)

A CNBC Original, 'SECRETS OF THE KNIGHT: SIR ALLEN STANFORD AND THE MISSING BILLIONS' will premiere on Thursday, May 14th at 9pm & 1am (pre-empting 'Playing to Win: Inside the Video Game Industry').

The show will repeat on Sunday, May 17th at 9pm (pre-empting 'Big Mac: Inside the McDonald's Empire').

Texas billionaire Sir Allen Stanford is accused by the Securities and Exchange Commission of running an $8 billion dollar Ponzi scheme that has wiped out the savings of 30,000 investors. Stanford says he is innocent, and intends to fight the charges. But a CNBC investigation has found that the accounting at Stanford Financial Group is not the only thing about Allen Stanford that doesn't seem to add up. CNBC Senior Correspondent Scott Cohn sat down with Stanford on April 20 in his only in-depth network interview since the scandal broke. Now, Cohn follows up with a CNBC Original documentary, 'Secrets of the Knight: Sir Allen Stanford and the Missing Billions,' premiering on Thursday, May 14 at 9pm ET.

Secrets of the Knight traces the improbable rise of Allen Stanford, from his roots in the small town of Mexia, Texas, through a series of business ventures including a failed health club in the 80s, to the island nation of Antigua and Barbuda, where Stanford holds the title 'Knight Commander of the Most Distinguished Order of the Nation,' and where his alleged Ponzi scheme is centered."

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