- 06 Mar 2012 at 3:15 PM
April 7, 2009: The then Sir Allen Stanford chokes back tears over being deprived of being named Forbes’ 405th richest person in the world as a result of the Ponzi charges (which he described as “baloney” and told a reporter using the dirty word, “If you say Ponzi to my face again, I will punch you in the mouth”).
March 6, 2012: “A federal jury convicted international financier R. Allen Stanford on 13 of 14 charges of money laundering and fraud in a Ponzi scheme that lost billions of dollars for investors…As the verdict was read Mr. Stanford, wearing a dark suit, turned to where his family members were sitting and appeared to mouth the words, ‘It’s OK.'”
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