Jailed financier Stanford taken to hospital, ex-CFO Davis pleads guilty in massive fraudHOUSTON — Texas financier R. Allen Stanford, jailed on charges of bilking investors out of $7 billion, was hospitalized Thursday with an irregular heartbeat and high pulse, just hours before his ex-finance chief became the first person to plead guilty in the case. Indicted billionaire R. Allen Stanford returned to Texas to face fraud chargesHOUSTON — Billionaire R. Allen Stanford has been returned to Texas by authorities to face federal charges he ran a $7 billion scheme to defraud investors with his international banking empire. 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. AP News in BriefObama says he’ll accept Nobel Peace Prize as ‘call to action’ toward peace and prosperity Cricket tycoon Stanford tries to surrender in TexasWASHINGTON - Cricket entrepreneur and alleged fraudster Sir Allen Stanford tried to hand himself in to a US court, but was turned away because there is no warrant for his arrest, his lawyer has said. AP Executive Morning BriefingThe top business news from The Associated Press for the morning of Thursday, July 2, 2009: |