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.
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Federal Judge Sentences R. Allen Stanford to 110 Years in Prison
Texas Lawyer
June 18, 2012
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