Stanford’s Ponzi scheme trial to begin today in Texas
by Associated Press Published: January 24,2012
Tags: courts, financier, fraud, investing, investment, investor, ponzi, scam, scheme
HOUSTON, Texas — Texas financier R. Allen Stanford built a vast fortune through his network of banks and other businesses in the U.S., Latin America the Caribbean, and led a lifestyle befitting a billionaire business magnate. Once considered one of the U.S.’s wealthiest people, with an estimated net worth of more than $2 billion, Stanford [...] [...]
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