Supreme Court Rejects Stanford’s Appeal of Ponzi Scheme Conviction

The U.S. Supreme Court on Monday rejected Texas financier Robert Allen Stanford’s bid to overturn his conviction and 110-year prison sentence for running what prosecutors called a $7.2 billion Ponzi scheme that bilked investors in 113 countries. The justices left …

from News – Insurance Journal http://ift.tt/2fMuBQF
via IFTTT