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 ...

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.

Allen Stanford leaving court in Houston, Texas, in 2009. Financier and cricket mogul Stanford must forfeit $330 million in assets tracked down by prosecutors investigating his $7 billion Ponzi ...

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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.