Sources at the SEC confirmed that they were searching for the billionaire, who has not been seen in public since news of alleged fraud totalling 9.2 billion dollars.
A spokesman for Stanford Financial Group repeatedly refused to discuss the tycoon's whereabouts when contacted.
Reports suggest that Stanford attempted to leave the US on a private jet bound for Antigua,except a slight problem developed. The aviation firm refused to accept his credit card.
By the way, I almost forgot to mention, eight billion is also missing.