R Allen Stanford
Allen is a 1974 graduate of baylor university.
R allen stanford. Texas born robert allen stanford exuded wealth. As with madoff it missed warning signs of the 8 billion fraud for years. The sec shut down r.
Allen stanford the former board of directors chairman of stanford international bank sib was sentenced today in houston to a total of 110 years in prison for orchestrating a 20 year investment fraud scheme in which he misappropriated 7 billion from sib to finance his personal businesses. Allen s parents divorced when he was about 9 years old and his mother moved to fort worth tarrant texas where he grew up. Allen stanford of 13 out of 14 counts of fraud in connection with a worldwide scheme over more.
Stanford sentenced to 110 year term in 7 billion ponzi case a federal jury in march convicted r. Allen stanford went into the health and fitness business in t exas. He is currently serving a 110 year federal prison sentence having been convicted in 2012 of charges that his investment company was a massive ponzi scheme and fraud.
Robert allen stanford born march 24 1950 known primarily by his middle name is an american convicted financial fraudster and former financier and was also a sponsor of professional sports. Read all news including political news current affairs and news headlines online on r allen stanford today. Two years after graduating r.
