Allen Stanford Sentenced to 110 Years in Prison for Orchestrating $7 Billion Investment Fraud Scheme

This document is a press release from the Department of Justice announcing the sentencing of R. Allen Stanford to 110 years in prison for orchestrating a 20-year, $7 billion investment fraud scheme through Stanford International Bank. Stanford was convicted on 13 of 14 counts for misappropriating billions from SIB depositors to finance his personal businesses and lavish lifestyle.

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