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R. Allen Stanford gets 110 years for role in $7B swindle
[Quote]:
Former jet-setting Texas tycoon R. Allen Stanford, whose financial empire once spanned the Americas, was sentenced Thursday to 110 years in prison for bilking investors out of more than $7 billion over 20 years in one of the largest Ponzi schemes in U.S. history.
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The good news for Stanford is that he only has to serve 65 of those years, and all of his friends each serve 30, and all of their friends each serve 15, and all of their friends each serve 7…