Fallen Financier Allen Stanford Convicted In $7 Billion Ponzi Scheme | Talking Points Memo

Update: March 6, 2012, 2:46 PM

The spectacular fall of former Houston billionaire Allen Stanford reached its long sought conclusion on Tuesday as a federal jury found him guilty of running a $7 billion Ponzi scheme.Stanford was convicted on 13 out of 14 felony counts, with the jury determining he conspired in a massive fraud said to have ruined the livelihoods of thousands of victims.


This is a companion discussion topic for the original entry at https://talkingpointsmemo.com/?p=100807