January 21, 2013
Allen Stanford’s Personal Items Up for Auction
The Ponzi schemer's personal effects, brought in from his St. Croix residence, fill some 10,000 square feet of a warehouse.
The Ponzi schemer's personal effects, brought in from his St. Croix residence, fill some 10,000 square feet of a warehouse.
The billionaire, convicted in March of running a $7 billion Ponzi scheme, faced up to 230 years in prison.
The Houston financier was found guilty of orchestrating a multibillion dollar Ponzi scheme and now faces a life sentence for his crimes.
Houston's own mini-Madoff, who is accused of orchestrating an international $7 billion Ponzi scheme, finally goes to court.