Allen Stanford - Wikipedia
WEBRobert Allen Stanford (born March 24, 1950) is a convicted financial fraudster, former financier, and sponsor of professional sports. He was convicted of fraud in 2012, having operated an eight billion dollar Ponzi scheme, [1][2][3] and is now serving a 110-year federal prison sentence. [4]
Allen Stanford: Who he is, Backstory, Financial Impact
WEBJun 10, 2022 · Allen Stanford is a former financier who was convicted of a Ponzi scheme in 2012. Stanford was convicted of a $7 billion fraud scheme involving certificates of deposit (CDs).
Allen Stanford Denied Bid for Compassionate Release Once Again
WEBReleasing convicted fraudster Allen Stanford from prison after he’s served only 13 years of his 110-year sentence would be entirely inconsistent with federal sentencing policy, according to Judge David Hittner in Houston.
Allen Stanford Sentenced to 110 Years in Prison for ...
WEBJun 14, 2012 · WASHINGTON – R. Allen Stanford, the former board of directors chairman of Stanford International Bank (SIB), was sentenced today in Houston to a total of 110 years in prison for orchestrating a 20-year investment fraud scheme in which he misappropriated $7 billion from SIB to finance his personal businesses.
Allen Stanford's Ponzi scheme recovery tops $1 billion
WEBSep 20, 2021 · Once considered a billionaire but later declared indigent, Stanford, 71, is serving a 110-year prison sentence following his 2012 conviction for running a $7.2 billion Ponzi scheme affecting ...
Allen Stanford's Ponzi scheme victims say they have been ...
WEBFeb 20, 2019 · The SEC shut down R. Allen Stanford's operations 10 years ago this week. As with Madoff, it missed warning signs of the $8 billion fraud for years.
Allen Stanford Convicted in Houston for Orchestrating $7 ...
WEBMar 6, 2012 · WASHINGTON – A Houston federal jury today convicted Robert Allen Stanford, the former Board of Directors Chairman of Stanford International Bank (SIB), for orchestrating a 20-year investment fraud scheme in which he misappropriated $7 billion from SIB to finance his personal businesses.