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.
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.
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.
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.
Patricia Savage of McKinney and her adult children invested their life savings with a friend of 20 years. “You’re like family.”
A court hearing continues today in Houston in a dispute over who’ll pay the legal fees of jailed Texas financier