STANFORD SHOCKER 2009: Astronomical Allegations

STANFORD SHOCKER

ASTRONOMICAL ALLEGATIONS: In this June 11 photo, R.
Allen Stanford waves during a cricket match. The Texas billionaire and leader of Stanford Financial Group is facing SEC charges of $8 billion in securities fraud. — AP PHOTO/LEFTERIS PITARAKIS The U.S. Securities and Exchange Commission has charged a Texas billionaire whose family of companies has deep ties to Memphis with an $8 billion securities fraud. Stanford

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