Mississippi Business Journal » bilk http://msbusiness.com Mississippi Business Journal Wed, 22 May 2013 14:27:18 +0000 en-US hourly 1 http://wordpress.org/?v=3.5.1 Stanford faces sentencing for $7B-plus ponzi scheme http://msbusiness.com/blog/2012/06/14/stanford-faces-sentencing-for-7b-plus-ponzi-scheme/?utm_source=rss&utm_medium=rss&utm_campaign=stanford-faces-sentencing-for-7b-plus-ponzi-scheme http://msbusiness.com/blog/2012/06/14/stanford-faces-sentencing-for-7b-plus-ponzi-scheme/#comments Thu, 14 Jun 2012 15:00:43 +0000 Associated Press http://msbusiness.com/?p=58538 HOUSTON, Texas — If federal prosecutors have their way, former jet-setting Texas tycoon R. Allen Stanford could receive a prison sentence that spans two centuries for bilking investors out of more than $7 billion over two decades in one of the largest ponzi schemes in U.S. history. Calling Stanford a “ruthless predator” who stole from [...]

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