Former tycoon Stanford jailed for 110 years

Former Texas billionaire R Allen Stanford has been sentenced to 110 years in prison for orchestrating one of the largest Ponzi schemes in US history.

Former tycoon Stanford jailed for 110 years
Thu, 14 Jun, 2012 - 19:40

Former Texas billionaire R Allen Stanford has been sentenced to 110 years in prison for orchestrating one of the largest Ponzi schemes in US history.

The sentence was handed down by a US District Judge in Houston today.

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