Stanford Gets 110 Years For US Ponzi Scheme

[BossMark]

:hmmm: Wow when they send people to jail for these length of times, what do they do keep his\her skeleton in their jail after they croak it :hmmm:

Convicted swindler Allen Stanford has been given a jail sentence of 110 years for conning investors out of more than £7bn (£4.5bn) in one of the largest Ponzi schemes in US history.

Prosecutors had asked for a 230 year jail term. Stanford's defence lawyers wanted a maximum sentence of 44 months.


Full storey
http://www.bbc.co.uk/news/world-us-canada-18450893

[mookiemookie]

He deserved every bit of it.

Meanwhile all of the bank executives and portfolio managers that helped cause the mess go on as if nothing happened.

[STEED]

Peanuts to the world's ponzi that is going on now with the banks.

[Kongo Otto]

Ok and when can he show up at the first possible parole board session?
Be sure he won't do his time in ADX Florence most possibly he will serve his time together with Bernie Madoff, Carmine Persico and Joe Testa in Butner FCI Med(ium).