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Ex-Stanford Execs Get 20 Years For $7 Billion Swindle

Friday, February 15, 2013 - 5:51 AM
From USA Today
The last two defendants convicted for helping disgraced financier R. Allen Stanford bilk investors out of more than $7 billion in one of the biggest Ponzi schemes in U.S. history were each sentenced to 20-year prison terms by a federal judge on Thursday.

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It was almost four years ago when the SEC first filed charges against Stanford International Bank.
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Ken TuminKen Tumin5,472 posts since
Nov 29, 2009
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