The fraudster has a massive private jet fleet.
The day after R. Allen Stanford was convicted of operating a $7 billion Ponzi scheme, members of Congress pressed officials of the Securities Investor Protection Corp. to reimburse his victims. By ...
James Chen, CMT is an expert trader, investment adviser, and global market strategist. Thomas J. Brock is a CFA and CPA with more than 20 years of experience in various areas including investing, ...
Taxpayers can rejoice that alleged Ponzi schemer R. Allen Stanford is no longer a public ward -- at least, not when it comes to his legal defense. On Friday, a Texas federal judge ruled that Stanford ...
Former Texas tycoon R. Allen Stanford was sentenced Thursday to 110 years in prison for cheating investors out of more than $7 billion over 20 years in one of the largest Ponzi schemes in U.S. history ...
You know what's not fun? Being in prison! In fact, it's almost as if the government makes prison sort of unpleasant to deter people from committing crimes! This point appears to have been lost on the ...