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Independent
| 11 months ago
Sunday June 17 2012 Conman "Sir" Allen Stanford was sentenced to 110 years in jail by a US court this week for operating a $75bn Ponzi scheme. Meanwhile, more than three-and-a-half years after our banks effectively went bust, we in this country have...
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DAWN
| 11 months ago
West Indies skipper Darren Sammy admitted on Friday he was saddened by the spectacular downfall of disgraced businessman Allen Stanford who ploughed millions of dollars into Caribbean cricket. Financier and cricket mogul Stanford was sentenced to 110...
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MarketWatch
| 11 months ago
The Nasdaq struggled as Apple Inc. , the largest single influence on its performance, shed more than 1.5% this week...Frontier Communications , Edwards Lifesciences Corp. and Cabot Oil and Gas were the top performers on the S&P this week.
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New Zealand Herald
| 11 months ago
Get T20 out of the way without harming a team's interests 5:30 AM Saturday Jun 16, 2012 Allen Stanford's brief, ill-starred time in the cricket sun is long gone. The Texan crook, who organised the US$20 million winner-take-all game between England...
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BDNews24
| 11 months ago
Houston, Jun 15 (bdnews24.com) Allen Stanford has been sentenced to 110 years in jail after being found guilty of defrauding investors of more than seven billion dollars (four and a half billion pounds). The Texan investor financed a Twenty20...
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Newsbusters
| 11 months ago
New York Times reporter Michael Shear filed a "Political Memo" Thursday on the return of former Virginia Sen. George Allen, who lost in 2006 after the media and the Washington Post in particular harped on a daily basis after Allen referred to...
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Boston Herald
| 11 months ago
Allen Stanford was sentenced to 110 years in prison Thursday for running what authorities have called one of the largest Ponzi schemes in U.S. history...District Judge David Hittner in Houston after a court hearing at which Stanford, 62, spoke,...
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Zee News
| 11 months ago
He was found guilty of defrauding investors of more than USD seven billion. The 62-year-old created quite a flutter during his association with the England and Wales Cricket Board which later became an embarrassment for the body. He was arrested in...
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Independent
| 11 months ago
Friday June 15 2012 US authorities had sought a 230 year sentence for a man they described as "a ruthless predator responsible for one of the most egregious frauds in history." Stanford used the hearing to argue that "Stanford was a real brick-and-...
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Epoch Times
| 11 months ago
June 15, 2012 Allen Stanford, the former Texas billionaire financier, was sentenced Thursday to 110 years in prison for conducting a $7 billion Ponzi scheme, according to the FBI. Stanford, 62, was convicted of stealing billions of dollars from tens...
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Independent
| 11 months ago
SMEs are now more focused on cutting costs than in growing their businesses, new research undertaken for Vodafone by international research group IDC shows. Most of the 250 businesses surveyed said that reducing their overall cost base remained their...
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Seattle Times
| 11 months ago
Allen Stanford said that he was the victim of government "Gestapo tactics."...Allen Stanford that he could no longer pay for his grandson's autism treatments, he said in court Thursday, before turning to the defendant and declaring, "You are a dirty,...
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Truthdig
| 11 months ago
Allen Stanford is perhaps not as well known as Bernie Madoff, but the two men have one thing in commonboth received long sentences for their roles in orchestrating two of the largest Ponzi schemes ever. Stanford, an international financier, was...
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The Independent
| 11 months ago
Allen Stanford, the Texan financier who bankrolled English cricket, will spend the rest of his life in prison, a Houston judge ruled last night, sentencing the pyramid schemer to 110 years without parole...You, sir, are a dirty rotten scoundrel, said...
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Chicago Tribune
| 11 months ago
Reuters Former billionaire Allen Stanford was sentenced to 110 years in prison on Thursday for running a $7 billion scheme in which he stole money from his investors to finance an extravagant lifestyle in the Caribbean...District Judge David Hittner...
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Mail Online UK
| 11 months ago
14 June 2012 A Texan tycoon who defrauded almost 5billion from investors and used his wealth to bankroll international cricket matches in England was jailed for 110 years yesterday. Allen Stanford, who for 22 years ran investment scams with an...
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International Business Times
| 11 months ago
Ponzi schemes leave their victims in financial ruin and their perpetrators, if caught, with lengthy prison terms like the 110-year sentence given Thursday to swindler and former Texas billionaire Allen Stanford...The Ponzi scheme, named after Charles...
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Asian Wall Street Journal
| 11 months ago
Allen Stanford, the international financier known for his extravagant lifestyle, was sentenced to 110 years in federal prison Thursday for masterminding a $7 billion Ponzi scheme that was among the largest frauds in U.S. history. The punishment...
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Vanity Fair
| 11 months ago
Allen, The New York Times reports , was convicted back in March of fleecing 30,000 investors from 113 countries [of] $7 billion. The case's federal prosecutor said of Allen: This is a man utterly without remorse. From beginning to end, he treated all...
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San Jose Mercury News
| 11 months ago
Font Resize Bay Area News Group The Pac-12 Networks announced Thursday broadcast plans and kickoff times for 15 early-season football games for its inaugural season. The first weekend of games for the conference's new broadcasting arm, set to launch...
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International Business Times
| 11 months ago
Securities and Exchange Commission with multiple violations of U.S. securities laws, including "massive ongoing fraud" involving $8 billion in certificates of deposits. Later that month, the SEC revised its complaint to describe the fraud as a "...
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AP Online
| 11 months ago
Allen Stanford's criminal fraud case winds down with his upcoming sentencing, the legal battle for control of his remaining assets around the globe is far from over.
Stanford is to be sentenced Thursday in Houston federal court. He was...