Reuters: U.S.: U.S. urges 230 years prison for Allen Stanford

Reuters: U.S. Reuters.com is your source for breaking news, business, financial and investing news, including personal finance and stocks. Reuters is the leading global provider of news, financial information and technology solutions to the world's media, financial institutions, businesses and individuals. // via fulltextrssfeed.com

U.S. urges 230 years prison for Allen Stanford Jun 6th 2012, 21:07 Allen Stanford leaves the Federal Courthouse where the jury found him guilty, in Houston March 6, 2012. Stanford was convicted on Tuesday of running a $7 billion Ponzi scheme, a verdict that caps a riches-to-rags trajectory for the former Texas financier and Caribbean playboy. He was found guilty on 13 counts of a 14-count criminal indictment, including fraud, conspiracy and obstructing an investigation by the U.S. Securities and Exchange Commission. Credit: Reuters/Donna W. Carson

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