{Political_Views} Jury Convicts Texas Republicon Financier in $7 Billion Ponzi Scheme

Breaking News Alert
The New York Times
Tuesday, March 6, 2012 -- 1:03 PM EST
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Jury Convicts Texas Republicon Financier in $7 Billion Ponzi Scheme

A federal jury on Tuesday convicted R. Allen Stanford, a Texas financier, on 13 out of 14 counts of fraud in connection with a worldwide scheme that lasted more than two decades and involved more than $7 billion in investments.

Read More:

http://www.nytimes.com/2012/03/07/business/jury-convicts-stanford-in-7-billion-ponzi-fraud.html?_r=1&hp


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