Jury convicts Stanford in $7 billion Ponzi scheme

Started by NewsCaster, Mar 07, 2012, 12:00 AM

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NewsCaster

Mar 07, 2012, 12:00 AM
A Houston jury Tuesday convicted Texas financier R. Allen Stanford on all but one of the charges he faced for allegedly bilking investors out of more than $7 billion in one of the largest Ponzi schemes in U.S. history.

MSNBC
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