Stanford Gets 110 Years Jail For Ponzi SchemeTexas 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.
Jury: $330M In Stanford Accounts Can Be SeizedThe 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.
$7 Billion Swindle May Keep Stanford Jailed For LifeTexas tycoon R. Allen Stanford spent more than 20 years charming investors, who handed him billions of dollars they had spent their lives accumulating.
Texas Billionaire Stanford Convicted In $7 Billion FraudA 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.
Prosecutors Rests In Fraud Trial Of Texas BillionaireAttorneys for jailed Texas tycoon R. Allen Stanford have begun their defense in his fraud trial after prosecutors rested their case.
Jury Selection Begins In Texas Billionaire’s TrialMore 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.
Judge Declines To Delay Texas Billionaire's TrialA 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.
Ex-Financier Stanford's Effects Face Texas AuctionHundreds 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.