Allen Stanford Guilty on 13 of 14 Counts

As previously reported here, there has been a dearth of media coverage of the Allen Stanford trial in Houston. Following almost 3 days of deliberation Stanford was found guilty on 13 of 14 counts in the indictment. Stanford, 61, was convicted on.

Edward T. Stein, a former hedge fund manager, was sentenced to nine years in prison in the U.S. District Court for the Eastern District of New York for a Ponzi scheme which defrauded investors of $46 million, according to Business Week. Stein.