AP source: Indicted billionaire R. Allen Stanford en route to Texas on fraud chargesWASHINGTON — A law enforcement official says indicted billionaire R. Allen Stanford is en route to Texas to face charges that he ran a $7 billion swindle. Billionaire R. Allen Stanford indicted, jailed in alleged $7 billion fraudWASHINGTON — Brash Texas billionaire R. Allen Stanford has been jailed on charges his international banking empire was really just a Ponzi scheme built on lies, bluster and bribery. Federal indictment accuses billionaire R. Allen Stanford of running a vast Ponzi schemeWASHINGTON — Texas billionaire R. Allen Stanford, whose sprawling banking empire collapsed this year, has been indicted for what prosecutors say is a $7 billion scheme to defraud investors. Texas billionaire R. Allen Stanford set to appear in federal court in Va. after surrenderingRICHMOND, Va. — Texas billionaire R. Allen Stanford is scheduled to appear before a federal judge in Virginia at 1:30 p.m. Eastern time Friday for an initial hearing after surrendering to FBI agents on fraud charges the day before. Texas billionaire R. Allen Stanford to appear in court Friday after surrendering to FBI in Va.DALLAS — Texas billionaire R. Allen Stanford, chairman of the troubled Stanford Financial Group, is scheduled to appear in federal court Friday on fraud charges after surrendering to FBI agents in Virginia the day before, officials said. Attorney says Texas billionaire R. Allen Stanford surrenders to FBI agents in VirginiaDALLAS — The attorney for R. Allen Stanford, chairman of troubled Stanford Financial Group, says the Texas billionaire has surrendered to FBI agents in Virginia. |