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Defense: Stanford's empire "wasn't a fraud"

January 25, 2012

HOUSTON (AP) -- Texas financier R. Allen Stanford's financial empire was real, his attorney says, and not, as prosecutors contend, built on a foundation of lies, theft and bribes as part of an effort to rob investors of more than $7 billion through a vast Ponzi scheme that spanned more than 20 years....

Source URL: http://hosted.ap.org/dynamic/stories/U/US_STANFORD_TRIAL?SITE=ORLAG&SECTION=HOME&TEMPLATE=DEFAULT
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