Former Texas tycoon R. Allen Stanford was sentenced Thursday to 110 years in prison for cheating investors out of more than $7 billion over 20 years in one of the largest Ponzi schemes in U.S. history ...
After three years of denial, a vigorously contested trial that lasted six weeks and Thursday's unrepentant speech before a judge and a courtroom filled with aggrieved investors, R. Allen Stanford ...
Calling it "one of the most egregious frauds" ever to be presented to a jury, on June 14 Senior U.S. District Judge David Hittner sentenced 62-year-old financier R. Allen Stanford of Houston to 110 ...
As you may recall, Allen Stanford and the federal prosecutors who obtained his conviction for a massive Ponzi scheme differed by over two centuries on the proper length of Stanford’s sentence. To ...
HOUSTON (AP) -- Former jet-setting Texas tycoon R. Allen Stanford had plenty of things to say Thursday before a federal judge sentenced him to 110 years in prison for bilking investors out of more ...
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Allen Stanford sold a story of both safety and prestige, with high-yield certificates of deposit issued through an offshore bank in Antigua wrapped in the trappings of a global financier. For years, ...