Texas financier R. Allen Stanford was convicted March 6 on 13 of the 14 counts he faced for running a $7 billion Ponzi scheme that ran for two decades. Here’s a look at other major white-collar crimes in U.S. history.
R. Allen Stanford R. Allen Stanford waits to enter a federal courthouse where the jury had reached a verdict in his criminal trial in Houston on March 6. Stanford was found guilty of conspiracy and fraud charges for leading a $7 billion Ponzi scheme from his offshore bank in Antigua. A jury of eight men and four women found Stanford, whose net worth was once estimated at more than $2 billion, guilty on 13 counts of a 14-count criminal indictment. Richard Carson/Reuters Buy Photo