Posts tagged Allen Stanford
Texas tycoon gets 110 years over $US7bn swindle
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FORMER jet-setting Texas tycoon R Allen Stanford, whose financial empire once spanned the Americas, has been sentenced to 110 years in prison for bilking investors out of more than $US7 billion ($7.06 billion) over 20 years in one of the largest Ponzi schemes in US history.
US District Judge David Hittner handed down the sentence during a court More >