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On trial for 7 billion in mail fraud and wire fraud February 21, 2012

Posted by jefhenninger in News.
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Mail fraud and wire fraud Trial Defense

Allen Stanford has decided to testify at his investor fraud trial. The Texas financier is accused by prosecutors of a $7 billion dollar fraud scheme. Stanford, 61 denies all charges of fraud. There are 14 current charges against him that include different forms of mail fraud, wire fraud.

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