Securities Law Prof Blog

Editor: Eric C. Chaffee
Univ. of Toledo College of Law

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Tuesday, March 6, 2012

Stanford Convicted on 13 Counts of Fraud

A jury convicted R. Allen Stanford on 13 out of 14 counts of fraud in connection with a $7 billion Ponzi scheme, following a six-week trial.  He faces a possible life sentence.  His attorney announced there would be an appeal.

NYTimes, Stanford Convicted by Jury in $7 Billion Ponzi Scheme

WSJ, Stanford Guilty in Ponzi Scheme

http://lawprofessors.typepad.com/securities/2012/03/stanford-convicted-on-13-counts-of-fraud.html

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