Ex-Houston Financier Allen Stanford Convicted In $7 Billion Ponzi Scheme

|
March 6, 2012 7:56 am
JOIN TPM FOR JUST $1

Jurors convicted former Houston financer Allen Stanford of all but one count Tuesday in his federal trial for running a $7 billion Ponzi scheme.

Houston Chronicle reporter Terri Langford was in the courtroom for the verdict and tweeted that Stanford was convicted on 13 of 14 felony counts.

Comments
Masthead Masthead
Editor & Publisher:
Executive Editor:
Managing Editor:
Senior Editor:
Special Projects Editor:
Investigations Desk:
Reporter:
Newswriters:
Front Page Editor:
Editor at Large:
General Manager & General Counsel:
Executive Publisher:
Head of Product:
Director of Technology:
Publishing Associate:
Front-End Developer:
Senior Designer: