Stanford Gets 110 Years For Role In $7b Swindle

HOUSTON (AP) -- Former jet-setting Texas tycoon R. Allen Stanford, whose financial empire once spanned the Americas, was sentenced Thursday 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....

Topics:  houston ap     former   texas   r allen stanford   americas   ponzi   u.s    years   
BING NEWS:
  • Former Stanford CFO Gets 5 Years For Role In $7B Scam
    Law360, Houston (January 22, 2013, 3:04 PM ET) -- A Texas federal judge on Tuesday sentenced the former chief financial officer of Stanford Financial Group to five years in prison for his part in helping Robert Allen Stanford pull off a $7 billion Ponzi ...
    01/22/2013 - 6:04 am | View Link
  • James Davis, Allen Stanford's CFO, sentenced to 5 years for role in $7B fraud
    Facing 30 years in prison for defrauding investors in a $7 billion Ponzi scheme, ex-Stanford Financial Group Co. Chief Financial Officer James Davis was sentenced to just five years in jail today, the Associated Press reported. Davis convinced the court to ...
    01/22/2013 - 4:05 am | View Link
  • Stanford gets 110 years for role in $7B swindle
    HOUSTON (AP) - Former jet-setting Texas tycoon R. Allen Stanford, whose financial empire once spanned the Americas, was sentenced Thursday to 110 years in prison for bilking investors out of more than $7 billion over 20 years in one of the largest Ponzi ...
    06/14/2012 - 8:17 am | View Link
  • Stanford Gets 110 Years for Role in $7B Swindle
    HOUSTON - Former Texas billionaire R. Allen Stanford has been sentenced to 110 years in prison for orchestrating one of the largest Ponzi schemes in U.S. history. The sentence was handed down Thursday by U.S. District Judge David Hittner in Houston.
    06/14/2012 - 7:55 am | View Link
  • Stanford Gets 110 Years For Role In $7B Swindle
    HOUSTON (AP) -- Former Texas billionaire R. Allen Stanford has been sentenced to 110 years in prison for orchestrating one of the largest Ponzi schemes in U.S. history. The sentence was handed down Thursday by U.S. District Judge David Hittner in Houston.
    06/14/2012 - 6:03 am | View Link
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