06:59 PM, Jan 27, 2013
Houston: Financier and cricket mogul Allen Stanford mocked his "gullible" investors as he built a $7 billion Ponzi scheme to fund a lavish lifestyle, US prosecutors said in closing arguments on Wednesday. "He regarded his depositors' money as his personal piggy bank," prosecutor William Stellmach told jurors in Houston, Texas, accusing Stanford of buying up regulators and bank examiners to keep his 20-year-long fraud going. "Even his own employees had... 07:11 PM, Apr 29, 2008
