Trial, Texan Billionaire | featured news

Judge orders Allen Stanford jailed until trial

A federal judge on Tuesday ordered Texas financier Allen Stanford, accused of a $7 billion fraud, held without bail until trial.

 

Indicted Stanford taken to courthouse

Billionaire R. Allen Stanford arrived at a federal courthouse  as he faces charges of fraud and conspiracy related to allegations that he swindled investors out of $7 billion.

 

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