A judge on Tuesday sentenced the star prosecution witness in the trial of convicted Texas financier R Allen Stanford to five years in prison for bilking investors of more than $7 billion in one of the biggest Ponzi schemes in US history. James M Davis, who was sentenced in a Houston federal court, was facing up to 30 years in prison after pleading guilty in 2009 to three fraud and...
11:48 PM, Jan 22, 2013
"He [Stanford] did revive cricket in the Caribbean, and it's just sad what became of it," the Windies skipper said. ...
10:03 PM, Jun 15, 2012
Houston: Former jet-setting Texas tycoon R Allen Stanford had plenty of things to say Thursday before a federal judge sentenced him to 110 years in prison for bilking investors out of more than $7 billion over two decades. An apology was not one of them. In a defiant, rambling statement that lasted more than 40 minutes, Stanford told the court about the injuries he suffered during a prison fight; criticised...
12:36 PM, Jun 15, 2012
The financier and cricket mogul cheated 30,000 investors out of billions of dollars. ...
11:23 PM, Jun 14, 2012
New Delhi: Former cricketer and financier Allen Stanford was convicted on Tuesday for the biggest investment fraud ever. A whopping sum of $7 billion fraud investment landed Allen Stanford in the Texas court where he was declared found guilty on 13 counts of a 14-count criminal indictment. Having spend 3 years in jail followed by ill health and unfit for trial, Stranford has earlier tried to have his case completely...
08:46 AM, Mar 07, 2012
Financier Allen Stanford surrenders to FBI, accused of fraud. ...
12:25 PM, Jun 19, 2009
Stanford was accused in civil charges of lying about the safety of investments. ...
09:48 AM, Feb 18, 2009
Lahore: The ICC has said that Kamran Akmal was always eligible for selection in the Pakistan cricket team and they did not need to issue any clearance for his inclusion in the national squad. PCB Chairman Zaka Ashraf had earlier in an interview said that the Board had sought permission from the ICC for Kamran's selection. According to Ashraf the selectors were given a go ahead to select Kamran after...
05:05 AM, Jun 13, 2008
