News Alert: Jury convicts Allen Stanford on nearly all charges in $7 billion Ponzi scheme

	Tuesday, March 6, 2012 1:37:50 PM ECONOMY/BUSINESS NEWS ALERT Jury convicts Allen Stanford on nearly all charges in $7 billion Ponzi scheme Texas tycoon R. Allen Stanford, whose financial empire once spanned the Americas, was convicted Tuesday on all but one of the 14 counts he faced for allegedly bilking investors out of more than $7 billion in massive Ponzi schemes he operated for 20 years. Jurors reached their verdicts against Stanford during their fourth day of deliberations, finding him guilty on all charges except a single count of wire fraud. Read more at: http://www.washingtonpost.com/business/judge-says-jury-has-reached-verdict-in-7b-ponzi-scheme-trial-of-texas-financier-stanford/2012/03/06/gIQAY9yzuR_story.html Or visit PostBusiness.com. SEND TO A FRIEND UNSUBSCRIBE E-MAIL CENTER GET HELP Washington Post Digital E-mail Customer Care 1150 15th Street NW Washington, D.C. 20071  ©2011 The Washington Post Privacy Policy