ponzi scheme

Sir Allen Stanford talks to the London press during a 2008 press conference. (credit: Getty Images/Tom Shaw)

Jury Selection Begins In Texas Billionaire’s Trial

More than 2 1/2 years after being indicted for allegedly bilking investors out of $7 billion in a massive Ponzi scheme, jailed Texas financier R. Allen Stanford is set to go to trial.

01/23/2012

Judge Declines To Delay Texas Billionaire’s Trial

A federal judge has declined a last-ditch attempt by attorneys for jailed Texas financier R. Allen Stanford to postpone his trial set to begin next week.

01/18/2012

Sir Allen Stanford talks to the London press during a 2008 press conference. (credit: Getty Images/Tom Shaw)

Ex-Financier Stanford’s Effects Face Texas Auction

Hundreds of items from the Houston office of disgraced financier R. Allen Stanford will be auctioned as part of efforts to recoup some of the billions of dollars he is accused of bilking in a Ponzi scheme.

06/02/2011

Sir Allen Stanford talks to the London press during a 2008 press conference. (credit: Getty Images/Tom Shaw)

Jailed Texas Financier Seeks Release From Jail

Lawyers for jailed Texas financier R. Allen Stanford say his right to a speedy trial has been violated. Attorneys argue that Stanford should be set free as he awaits trial in what is being called a huge Ponzi scheme.

CBSDFW.COM–03/02/2011

US Attorney Press Conference

DOJ: North Texans Lost Millions In Fraud Schemes

Patricia Savage of McKinney and her adult children invested their life savings with a friend of 20 years. “You’re like family.”

CBSDFW.COM–12/06/2010

Insurer Says Texas Financier Must Pay Legal Bills

A court hearing continues today in Houston in a dispute over who’ll pay the legal fees of jailed Texas financier

08/25/2010

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