Allen Stanford is sentenced to 110 years in prison despite please that he is not a thief. Also, a profile of Sirius XM Radio CEO Mel Karmazin. Plus, the Watergate scandal 40 years later.

A federal judge Monday confirmed an arbitration award in favor of Pershing LLC, which retired investors claimed owed them $80 million from Allen Stanford’s $7 billion Ponzi scheme. NEW ORLEANS (CN) – ...

NEW ORLEANS — The Fifth Circuit said a lower court improperly entered a bar order enjoining all future claims against a Swiss bank that was settled with for its involvement in Allen Stanford’s ...

often regarded as the second largest Ponzi scheme in U.S. history. The bank’s founding chairman, R. Allen Stanford, is currently serving a 110-year prison sentence. Many of the victims are in ...

Financier and cricket mogul Allen Stanford must forfeit $330 million in assets tracked down by prosecutors investigating his $7 billion Ponzi scheme, a US jury said Thursday. ©Reuters Financier ...

Madoff used a so-called Ponzi scheme, which lures investors in by ... There are several other notable Ponzi schemes in history, including Allen Stanford's which stole $8 billion and Tom Petters ...

Ponzi schemes, extramarital affairs, offshore banks, and of course some cricket. For the past 12 months, Greg James has been trying to find out who exactly is Allen Stanford.

For instance, a Ponzi scheme in Jamaica (Cash Plus) sponsored the national soccer league in 2007, Allen Stanford sponsored an international cricket tournament, and the founder of Group DMG in Colombia ...

Ponzi schemes, extramarital affairs, offshore banks, and of course some cricket. For the past 12 months, Greg James has been trying to find out who exactly is Allen Stanford.