Not having much insight into what may happen next in the case of a fraud orchestrated by Robert Allen Stanford, many of the victims sold the rights to any future payout. By Matthew Goldstein The ...

A trustee of a charitable foundation that helps poor people in Central America and Mexico has filed a civil case against Texas billionaire financier R. Allen Stanford, whom the Securities and Exchange ...

R. Allen Stanford, accused along with his Stanford Financial Group companies of a multibillion dollar fraud, told a judge Thursday that a court-appointed receiver is wasting Stanford assets rather ...

HOUSTON (AP) -- Former Texas tycoon R. Allen Stanford, whose financial empire once spanned the Americas and made him fabulously wealthy, was convicted Tuesday of bilking his investors out of more than ...

A Dallas federal judge on Wednesday approved a $40 million payment to some 20,000 investors scammed in R. Allen Stanford’s Ponzi scheme, but many of them aren’t happy about it. Numerous investors ...

HOUSTON (AP) – 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 ...

A new bill has come due for R. Allen Stanford, architect of a $7 billion Ponzi scheme, who is already well into serving what is effectively a life sentence for his crimes. A federal judge this week ...

Kroll has settled litigation filed by a Maryland trade group that purchased certificates of deposit through R. Allen Stanford's Antiguan bank after the world-renowned investigative and security firm ...

Accused fraud mastermind R. Allen Stanford, ruled incompetent to stand trial because of addiction to drugs he’s received while in federal custody, is being moved from Houston to a different detention ...

HOUSTON (AP) – Two former associates of R. Allen Stanford have been convicted of fraud for trying to help the imprisoned Texas financier conceal a $7 billion Ponzi scheme. Prosecutors in Houston say ...

HOUSTON - Lloyd's of London no longer has to pay legal fees for accused swindler R. Allen Stanford and two of his former executives because they probably engaged in activities excluded from coverage ...