WASHINGTON (AP) — The Supreme Court has declined to disturb the conviction of former Texas tycoon R. Allen Stanford on fraud, conspiracy and obstruction charges.
The justices had no comment Monday on their order rejecting Stanford's appeal of his 2012 conviction for running a Ponzi scheme that bilked investors out of $7.2 billion. He was sentenced to 110 years in prison.
Stanford argued that the government deprived him of using his lawyer of choice by unfairly freezing all his global assets, including money untainted by fraud. He also said the government used evidence that was illegally seized by the U.S. Securities and Exchange Commission.
A federal appeals court denied his appeals in 2015.
- Posted November 29, 2016
- Tweet This | Share on Facebook
Appeal of Ponzi scheme conviction rejected
headlines Macomb
- Leadership role
- State officials issue statements on the death of Rev. Jesse Jackson Sr.
- Court orders EES Coke Battery to comply with clean air act and pay $100 million civil penalty
- Public health, green groups sue EPA over repeal of rule supporting climate protections
- Judge grants hearing, expresses concerns ex-Michigan coach Moore may have had rights violated
headlines National
- A wave of lawsuits has resulted from online comments after Charlie Kirk’s assassination
- Goldman Sachs top lawyer resigns after emails show Jeffrey Epstein friendship
- Failed indictment of 6 Democratic lawmakers blamed on Jeanine Pirro-picked prosecutors
- Federal judges may address ‘illegitimate forms of criticism and attacks,’ according to new ethics opinion
- Senate GOP aims to reveal companies funding lawsuits
- Bad Bunny’s ‘love conquering hate’ message at Super Bowl reiterated by judge sentencing assaulter
