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allen standford

Allen Stanford Sentenced To 110 Years For $7B Ponzi Scheme

Former jet-setting Texas tycoon Allen Stanford, whose financial empire once spanned the Americas, was sentenced today 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 US history. US District Judge David Hittner handed down the sentence during a court [...]