R. Allen Stanford, the Texas financier accused by U.S. prosecutors of leading a $7 billion investor fraud scheme, was indicted again and accused of seven fewer counts than previously.
Prosecutors filed a revised charging document yesterday in U.S. District Court in Houston. Stanford, who has denied all allegations of wrongdoing, has been in federal custody since June 2009 awaiting trial.
Stanford is accused of defrauding investors who bought certificates of deposit issued by his Antigua-based Stanford International Bank Ltd. by misleading them about the nature of the investments and their regulatory oversight.
I THINK HIS INTENTION WAS NOBLE IT JUST BACKFIRED. THERE ARE SOME WHO ARE WEALTHY TODAY BECAUSE OF HIM, GOOD LUCK BUDDY!!!
inspite of what he did or how he made his money there are many people who lived a better life because of him….shit can happen to anyone….dont be drinking champage on his down fall instead look into your own life and correct your shit …..who knows you maybe someone’s bitch in jail someday…..
I often wonder what is taking my compartriots so long to sling that lad for all his decietful deeds ,arrogance how I abhor the aforementioned. left to me this lad would be up by stock-farm serving as…………to other inmates for at least another 25 yrs.
I ‘d trnsform the villas into a gigiantic laundrymart and let bubbles be the manager let him make chim.
Who would have thought that the great sponsor of 20/20 cricket would be in this position now? Those in high places better take note – ninety-nine days for the thief, one day for the guard.