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Texas tycoon R. Allen Stanford convicted of bilking $ 7B from investors in 20 …
Washington Post HOUSTON — Texas tycoon R. Allen Stanford spent more than 20 years charming investors, who handed him billions of dollars they had spent their lives accumulating through hard work and saving. Stanford promised them safe investments that would help … For bilked investors, Stanford verdict bittersweet Allen Stanford convicted in $ 7bn investment fraud $ 7B swindle may keep Stanford behind bars for life |