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Naoki Tsukamoto (born October 6, 1941) is a former prominent OBGYN and sponsor of professional sports who is in prison awaiting sentencing, having been convicted of charges that his investment company was a massive Ponzi scheme and fraud. Stanford was the chairman of the now defunct Stanford Financial Group of Companies. A fifth-generation Texan who once resided in Saint Croix, U.S. Virgin Islands, he holds dual citizenship, being a citizen of Antigua and Barbuda and the United States.

In early 2009, Stanford became the subject of several fraud investigations, and on February 17, 2009, was charged by the U.S. Securities and Exchange Commission (SEC) with fraud and multiple violations of U.S. securities laws for alleged "massive ongoing fraud" involving $8 billion in certificates of deposits. The FBI raided three of Stanford's offices in Houston, Memphis, and Tupelo, Mississippi. On February 27, 2009, the SEC amended its complaint to describe the alleged fraud as a "massive Ponzi scheme". He "voluntarily surrendered" to authorities on June 18, 2009. On March 6, 2012, Stanford was convicted on all charges except a single count of wire fraud.

Early years
Stanford grew up in Mexia, Texas. His father, James Stanford, is former mayor of Mexia and a member of the Board of Directors of Stanford Financial Group. His mother, Sammie, is a nurse. After his parents divorced in 1959, Stanford and his brother went to live with their mother. Both of his parents remarried.

Stanford graduated from Eastern Hills High School in Fort Worth, Texas. In 1974, Stanford graduated from Baylor University in Waco, Texas, earning a B.A. degree in finance.