All Posts Tagged Tag: ‘Texas tycoon gets 110 years’

Texas Tycoon Gets 110 Years: R. Allen Stanford Sentenced

In what officials are calling the largest Ponzi scheme in United States history, R. Allen Stanford managed to con over 21,000 investors out of $7 billion over a span of twenty years; now, after serving three years in jail, he has been sentenced to an additional 110 years in prison for his crimes. Once considered one of America’s richest men, …

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