A ex-financial planner in Central Texas faces up to 20 years in prison for running a Ponzi scheme and stealing nearly $8.4 million from clients.
A North Texas man must serve nearly seven years in federal prison and repay $4.6 million for running an oil and gas Ponzi scheme.
A New York prosecutor says the federal government has brought its first bitcoin securities fraud case, accusing a 32-year-old Texas man of engineering a bitcoin Ponzi scheme.
A businessman from Colleyville who fled to Greece after pleading guilty to running a Ponzi scheme has been returned and sentenced to more than 17 years in a U.S. prison.
A federal judge in Dallas has approved an interim plan that distributes some $55 million in assets to bilked investors in a failed Ponzi scheme run by disgraced former Texas financier R. Allen Stanford.
A chandelier by glass artist Dale Chihuly that once belonged to Texas tycoon R. Allen Stanford is to be sold at auction to raise money to help compensate victims of his Ponzi scheme.
Investors in a $7 billion Ponzi scheme orchestrated by former Texas tycoon R. Allen Stanford could in the next few months finally begin getting back some of what they lost.
Texas tycoon R. Allen Stanford was sentenced to 110 years in prison for bilking investors out of more than $7 billion over 20 years in one of the largest Ponzi schemes in U.S. history.
The jury that convicted former Texas tycoon R. Allen Stanford of operating a massive Ponzi scheme found Thursday that there is sufficient evidence $330 million in frozen foreign bank accounts he controlled is money he stole from investors.
Texas tycoon R. Allen Stanford spent more than 20 years charming investors, who handed him billions of dollars they had spent their lives accumulating.
A ury has convicted Texas financier R. Allen Stanford on all but one of the charges he faced for bilking investors out of more than $7 billion in one of the largest Ponzi schemes in U.S. history.
Attorneys for jailed Texas tycoon R. Allen Stanford have begun their defense in his fraud trial after prosecutors rested their case.