Conspiracy, Ponzi Scheme | featured news

Allen Stanford found guilty in Ponzi scheme case

Allen Standord

Allen Stanford was found guilty of conspiracy and fraud charges by a federal jury on Tuesday for leading a $7 billion Ponzi scheme from his offshore bank in Antigua.

 

Madoff's Ex-Secretary Gets House Arrest

Bernard Madoff's former secretary has made bail and will await her New York trial while on house arrest. Annette Bongiorno, of Boca Raton, Fla., is facing trial on charges of conspiracy and securities fraud.

 

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