USA v. Stanford et al

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Case overview

Case Number:

4:09-cr-00342

Court:

Texas Southern

Nature of Suit:

Judge:

David Hittner

Firms

Companies

Sectors & Industries:

Financial
- Accounting, Tax, Bookkeeping & Payroll
- Southeast Banks

November 19, 2012
2 Ex-Stanford Execs Convicted For Roles In $7B Scheme

A Texas federal jury on Monday convicted two former Stanford Financial Group executives for their roles in helping Robert Allen Stanford run his $7 billion Ponzi scheme.
September 13, 2012
Ex-Stanford Exec Gets 3 Years For Obstructing Ponzi Probe

A Texas federal judge on Thursday sentenced the former chief investment officer for Stanford Financial Group to three years in prison for obstructing a government investigation of the firm's $7 billion Ponzi scheme.
July 19, 2012
Stanford Associates Plead Not Guilty To Roles In $7B Scam

Two former associates of convicted Ponzi schemer Robert Allen Stanford on Thursday in Texas federal court denied charges they helped the disgraced financier bilk 30,000 people out of $7 billion by lying about the performance of Stanford Financial Group's investments.
June 19, 2012
Stanford Exec Gets 3 Years For Obstructing Fraud Probe

Laura Pendergest-Holt, the former chief investment officer for Stanford Financial Group, has agreed to serve three years in prison for obstructing a government investigation of the firm's $7 billion Ponzi scheme, federal prosecutors in Texas announced Tuesday.
June 14, 2012
Stanford Gets 110 Years For $7B Ponzi Scheme

Disgraced Texas tycoon Robert Allen Stanford was sentenced Thursday to serve 110 years in prison for bilking 30,000 people out of $7 billion in a massive Ponzi scheme dwarfed only by Bernie Madoff's record-setting scam.
June 12, 2012
US Wants Stanford On The Hook For $6B In Ponzi Scheme

In what they called a conservative estimate, U.S. prosecutors said Monday that convicted fraudster R. Allen Stanford should be forced to turn over $5.9 billion for running a massive Ponzi scheme that bilked investors out of more than $7 billion.
June 07, 2012
US Seeks 230-Year Prison Term For Stanford's $7B Scam

Prosecutors in Robert Allen Stanford's trial said Wednesday that the convicted $7 billion Ponzi schemer should be handed a 230-year prison sentence, saying the lengthy and wide-ranging scam he orchestrated calls for the maximum punishment allowed by law.
May 10, 2012
Awaiting Sentencing, Stanford Again Ruled Competent For Trial

R. Allen Stanford, who is awaiting sentencing for orchestrating a $7 billion Ponzi scheme, was fit to stand trial despite his attorneys' claims that the court had relied on improper expert testimony in determining his mental competency, a Texas federal judge affirmed Thursday.
March 22, 2012
Media Tweets Not Enough To Win Stanford New Trial

Disgraced Texas tycoon R. Allen Stanford, who was convicted earlier this month of running a $7 billion Ponzi scheme, lost his bid for a new trial Thursday after arguing that reporters tweeting about his case may have turned jurors against him.
March 21, 2012
Stanford Seeks New Trial Citing 'Prejudicial' Publicity

Convicted Ponzi schemer Robert Allen Stanford sought a new trial Tuesday arguing that the publicity surrounding his case and the presence of media who used Twitter during his trial potentially biased his jury and violated his Sixth Amendment rights to a fair trial.