Mar 6, 2012

News Alert: Jury Convicts Texas 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 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.

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http://www.nytimes.com/?emc=na

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