HOUSTON (AP) -- Former Texas tycoon R. Allen Stanford, whose financial empire once spanned the Americas and made him fabulously wealthy, was convicted Tuesday of bilking his investors out of more than ...

(Reuters) - A court-appointed receiver has recouped more than $1 billion for victims of Texas financier Allen Stanford's Ponzi scheme, the largest by dollar amount other than Bernard Madoff's fraud, ...

Not having much insight into what may happen next in the case of a fraud orchestrated by Robert Allen Stanford, many of the victims sold the rights to any future payout. By Matthew Goldstein The ...

In addition to allegedly promoting fraudulent certificates of deposit, the Securities and Exchange Commission today charged that Houston-based business man Allen Stanford and his financial companies ...

Allen Stanford, the much-put-upon onetime gazillionaire, has finally reached the end of his assembly line of attorneys representing him against massive criminal-fraud charges. Stanford had been going ...

Texas billionaire R. Allen Stanford, accused by the Securities and Exchange Commission of a massive Ponzi scheme, has denied wrongdoing and asked a federal judge to free up some of his money so he can ...

After three years of denial, a vigorously contested trial that lasted six weeks and Thursday's unrepentant speech before a judge and a courtroom filled with aggrieved investors, R. Allen Stanford ...

(Reuters) - The financier Allen Stanford on Thursday lost his bid for a new trial, 16 days after being convicted for running an estimated $7 billion Ponzi scheme. U.S. District Judge David Hittner in ...

MEXIA, TEXAS (Reuters) - When Billie Stanford heard that the Federal Bureau of Investigation had found her stepson Allen Stanford, the billionaire Texan facing a federal fraud charge, she and her ...

HOUSTON (AP) — Texas tycoon R. Allen Stanford flushed away billions of investor funds on a "lavish lifestyle and his loser companies" as part of a massive Ponzi scheme that spanned two decades, a ...

Allen Stanford, the man who singlehandedly revived Houston’s fading Enron reputation for corporate scams (here’s our feature take on him) has finally been indicted. A Houston grand jury indicted him ...