r allen

The R. Allen Stanford who arrived at the Houston federal courthouse in shackles today to start his $7 billion investment fraud trial is far different from the Texas billionaire prosecutors indicted 2 1/2 years ago.

The federal government has sued the organization that insures brokerage accounts to compel it to compensate many investors who lost money in the $7.2 billion Ponzi scheme allegedly run by Texas financier R.

Allen Stanford.

May 17 -- U.S. lawmakers are fighting efforts by a court-appointed receiver for Houston-based Stanford Financial Group to recover political contributions made by R.

Allen Stanford, the financier accused of leading a $7 billion investor fraud, according to the Washington Post.

It might not be the Greatest Show on Earth but the legal circus in the $7 billion fraud case against jailed Texas financier R. Allen Stanford is possibly making it the greatest show in court.

A judge has granted a request to have jailed Texas financier R. Allen Stanford tried separately from his three co-defendants on charges that they bilked investors out of $7 billion in a massive Ponzi scheme.

The brokerage industry's self-policing body must make reforms to protect investors after its inspections failed to uncover the massive Ponzi scheme run by Bernard Madoff and the alleged fraud by R.

Allen Stanford, according to a special review.

A U.S. Marshals Service spokesman says jailed Texas financier R. Allen Stanford may be released from an undisclosed hospital either Sunday or Monday following his fight with another inmate.

A U.S. Marshals Service spokesman says jailed Texas billionaire R. Allen Stanford is being treated at a hospital after being injured during a fight with another inmate.

Financier R. Allen Stanford, who is awaiting trial on charges he orchestrated a massive Ponzi scheme, spent a half-million dollars in a lobbying effort to gain U.S. approval for Cuba to participate in his international cricket tournament.

The lawyer appointed to unravel what the government calls a multibillion-dollar Ponzi scheme run by Texas businessman R. Allen Stanford is firing back at critics.