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ponzi scheme

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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