Tuesday, February 28, 2012

Broke, sick and lonely, Allen Stanford heads to court

R. Allen Stanford arrives at federal court for a hearing before U.S. District Judge Nancy Atlas in HoustonHOUSTON (Reuters) - No one calls him Sir Allen Stanford anymore. He is inmate number 35017-183. On Monday, the Texas financier heads to court in Houston to battle charges that he operated a $7 billion Ponzi scheme from Stanford International Bank Ltd, his offshore bank on the Caribbean island of Antigua. By all accounts, his was a life of luxury, filled with private jets, yachts, mansions and the sport of cricket. ...


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