Calling it "one of the most egregious frauds" ever to be presented to a jury, on June 14 Senior U.S. District Judge David Hittner sentenced 62-year-old financier R. Allen Stanford of Houston to 110 years in prison. In March, a federal court jury found Stanford, former chairman of Houston's Stanford Financial Group, guilty of 13 of 14 criminal counts against him.
Federal Judge Sentences R. Allen Stanford to 110 Years in Prison
June 18, 2012
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