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What small business and investors need to know. Stanford sentenced 110 years in jail. A federal court in Houston has sentenced R. Allen Stanford, Former jet-setting Texas tycoon, to 110 years in prison for his involvement in a 7 billion Ponzi. Scheme, according to reports on Thursday. Federal prosecutors had asked the court to sentence Stanford to 230 years. Stanford, the former principal of Standford Financial Group, was convicted of fraud in March. Facebook shares fell below 30 for first time. On Fri.CONTENT
This web page smartinmoney.blogspot.com states the following, "What small business and investors need to know." We saw that the webpage said " Stanford sentenced 110 years in jail." It also said " A federal court in Houston has sentenced R. Allen Stanford, Former jet-setting Texas tycoon, to 110 years in prison for his involvement in a 7 billion Ponzi. Scheme, according to reports on Thursday. Federal prosecutors had asked the court to sentence Stanford to 230 years. Stanford, the former principal of Standford Financial Group, was convicted of fraud in March. Facebook shares fell below 30 for first time."