Laura Pendergest-Holt

James M. Davis

Ex-Stanford executive gets 5 years in $7B swindle

HOUSTON (AP) — The star prosecution witness in the trial of convicted Texas financier R. Allen Stanford was sentenced Tuesday to five years in prison for helping to bilk investors out of more than $7 billion in one of the biggest Ponzi schemes in U.S. history.

01/22/2013