When his $8 billion Ponzi scheme was exposed, Allen Stanford, a Texas billionaire known for his lavish lifestyle and extravagant promises, was reduced to a life behind bars. He is serving 110 ...

A federal judge Monday confirmed an arbitration award in favor of Pershing LLC, which retired investors claimed owed them $80 million from Allen Stanford’s $7 billion Ponzi scheme. NEW ORLEANS (CN) – ...

Allen Stanford's $5 billion Ponzi scheme. (CN) - The Fifth Circuit found a district court lacked authority to approve a global settlement between the receiver appointed over Stanford International ...

People around the country had their life savings stripped away in the infamous Stanford Trust Ponzi scheme, with the ...

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She is a lead plaintiff in recent legal action brought by victims against correspondent banks allegedly involved in the Stanford Ponzi scheme.

Ponzi schemes, extramarital affairs, offshore banks, and of course some cricket. For the past 12 months, Greg James has been trying to find out who exactly is Allen Stanford.

Ponzi schemes, extramarital affairs, offshore banks, and of course some cricket. For the past 12 months, Greg James has been trying to find out who exactly is Allen Stanford.