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Allen Stanford was convicted on Tuesday of running a $7 billion Ponzi scheme
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Showing posts with label
Allen Stanford was convicted on Tuesday of running a $7 billion Ponzi scheme
.
Show all posts
Tuesday, 6 March 2012
Allen Stanford was convicted on Tuesday of running a $7 billion Ponzi scheme, a verdict that caps a riches-to-rags trajectory for the former Texas financier and Caribbean playboy.
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Aaron M. Sprecher/Bloomberg News It was a vindication for the U.S. government, which closed down Stanford's financial empire in Febr...
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