Texan Who Fled To Greece Sentenced In Ponzi ScamA North Texas businessman who fled to Greece after pleading guilty to running a Ponzi scheme has been returned and sentenced to more than 17 years in a U.S. prison.
Ailing A-Rod Will Make More Than Astros Alex Rodriguez will make more this year than all the Houston Astros combined — a lot more.
Former R. Allen Stanford Associates Convicted Of FraudTwo former R. Allen Stanford associates have been convicted of fraud. Both are accused of attempting to assist an imprisoned Stanford conceal a $7 billion Ponzi scheme.
Ex-Houston Attorney Pleads Guilty In Ponzi Scheme A former attorney in Houston who portrayed himself as a real estate investment tycoon has pleaded guilty in a $7.8 million Ponzi scheme.
Stanford Gets 110 Years For Role In $7B Swindle Former jet-setting Texas tycoon R. Allen Stanford had plenty of things to say Thursday before a federal judge sentenced him to 110 years in prison for bilking investors out of more than $7 billion over two decades.
Texas Tycoon R. Allen Stanford Convicted In $7 Billion Ponzi SchemeTexas tycoon R. Allen Stanford, whose financial empire once spanned the Americas, was convicted Tuesday on all but one of the 14 counts he faced for allegedly bilking investors out of more than $7 billion in massive Ponzi schemes he operated for 20 years.