London - (OMFG! Mess): A Texan tycoon's $8 billion Ponzi scam has been run from a 'few squalid North London squats' according to FBI sources.
The Serious Fraud Office yesterday raided Sir Alan Stanford's 'accountants' in Enfield and found one octogenarian part-time book keeper 'and literally hundreds of thousands of IOU's signed by Bernard Madoff'.
Stanford, 69, is being probed by the US Securities and Exchange Commission after a crude paper trail connected him to Mossad Pension Fund $50 billion Ponzi fraudster Madoff.
A spokesman for the iconic London publication The Squatters Handbook said today:
"This Stanford accountancy scam is bringing all homeless people's housing stock opportunities into disrepute."
The English Cricket Board has denied all knowledge of their former patron's squatting activities.