, an accountant
, was a co-founder of Demon Internet
, the first Internet Service Provider
in the United Kingdom
for individual subscribers. Stanford had spotted what he thought was a real business opportunity to profit from the incipient demand for access to the Internet and started Demon with a capital of just £20,000.
Following the sale of Demon Internet to Scottish Telecom
in 1998 for (UKP) £66M, he founded Redbus Investments
, a venture capital
firm involved in film production and a variety of other ventures. Redbus Investments provided seed capital for a number of investments including Redbus Interhouse
. After a boardroom fall-out at Redbus Interhouse, he resigned in June 2002.
In September 2005 he was convicted of spying on John Porter, the ex-chairman of Redbus Interhouse
, specifically hacking into his e-mail account. After pleading guilty, he was given a suspended sentence
, ordered to pay a fine of £20,000, and in a later hearing was denied leave to appeal
Cliff Stanford has one son, Tony Stanford and is currently in a relationship with Sylvia Spruck Wrigley and stepfather to Connor Wrigley.
Stanford is a chess enthusiast who had sponsored a REDBUS knockout Grandmaster chess event each Easter in Southend, commencing in 1999.Following the death of his uncle, Jack Speigel
, who had for many years organised the entire annual Southend Easter chess... Read More