Stanford Sentenced to 110 Years
R. Allen Stanford was sentenced to 110 years in prison on Thursday after orchestrating a $7 billion international fraud that fueled an illicit lifestyle while bilking investors.
Allen Stanford Found Guilty of $7 Billion Ponzi Scheme
Former billionaire Allen Stanford was convicted Tuesday of running a $7 billion Ponzi scheme. He was found guilty on 13 counts of a 14-count criminal indictment, including fraud and conspiracy.