Phillies pitcher loses everything in Stanford scandal

Updated

Philadelphia Phillies pitcher Scott Eyre is making headlines off the field, claiming he is temporarily destitute because his money is invested with companies controlled by billionaire Robert Allen Stanford. The funds have been frozen because of the federal investigation into Stanford's business empire.

Stanford is allegedly the mastermind of an $8 billion fraud that promised victims returns on CDs issued by his bank in the Caribbean nation of Antigua that were "too good to be true," according to the SEC. The Texas-born businessman is facing a civil suit but has not been charged criminally.

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