Stanford Gets 110 Years For US Ponzi Scheme

BossMark · 06-14-12, 03:31 PM

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

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 · 06-14-12, 04:01 PM

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 · 06-15-12, 09:46 AM

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

Kongo Otto · 06-15-12, 10:08 AM

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).

06-14-12, 03:31 PM	#1
BossMark Fleet Admiral Join Date: May 2011 Location: Leeds, West Yorkshire Posts: 15,272 Downloads: 278 Uploads: 0	Stanford Gets 110 Years For US Ponzi Scheme 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 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 __________________ Never trust the Tories look what Thatcher and Major did in the 80s and 90s and look what the wicked witch May is doing now doing now

06-14-12, 04:01 PM	#2
mookiemookie Navy Seal Join Date: Nov 2005 Location: Houston, TX Posts: 9,404 Downloads: 105 Uploads: 1	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. __________________ They don’t think it be like it is, but it do. Want more U-boat Kaleun portraits for your SH3 Commander Profiles? Download the SH3 Commander Portrait Pack here.

06-15-12, 09:46 AM	#3
STEED Lucky Jack Join Date: Jan 2006 Location: Down Town UK Posts: 27,695 Downloads: 89 Uploads: 48	Peanuts to the world's ponzi that is going on now with the banks. __________________ Dr Who rest in peace 1963-2017. To borrow Davros saying...I NAME YOU CHIBNALL THE DESTROYER OF DR WHO YOU KILLED IT!

06-15-12, 10:08 AM	#4
Kongo Otto Commodore Join Date: Apr 2007 Location: Augsburg / Germany Posts: 631 Downloads: 203 Uploads: 0	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).