Texas financier R. Allen Stanford gets 110 years for role in $7B swindle

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  • Texas tycoon gets 110 years for role in $7B swindle
    Allen Stanford had plenty of things to say Thursday before a federal judge sentenced him to 110 years in prison for bilking investors ... said Stanford's statement to the court shows the financier cares only about himself and will never admit any wrongdoing.
    06/14/2012 - 9:51 pm | View Link
  • Ex-Texas tycoon Stanford sentenced to 110 years in prison for orchestrating $7B Ponzi scheme
    Allen ... Stanford also cleared the way for U.S. authorities to go after about $330 million in stolen investor funds sitting in the financier’s frozen foreign bank accounts in Canada, England and Switzerland. But due to legal wrangling, it could be years ...
    06/14/2012 - 10:36 am | View Link
  • Texas $7B swindle may keep Stanford behind bars for life Jurors convict former tycoon of conspiracy, wire and mail fraud
    Allen ... against Stanford carry up to 20 years in prison, and if Hittner ordered him to serve his sentences consecutively, the 61-year-old could spend the rest of his life behind bars. In a similar but unrelated case, disgraced financier Bernard Madoff ...
    03/7/2012 - 11:00 am | View Link
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