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Allen Stanford Sentenced to Over 100 Years

United States Marshals Service

Texas financier Allen Stanford was sentenced to 110 years in prison today, reports Agence France Presse.

Stanford was recently convicted on several charges, including fraud, after prosecutors proved he was running a Ponzi scheme with his Stanford International Bank:

Stanford, 62, has spent the past three years in jail after being deemed a flight risk. He will likely never taste freedom again. US district judge David Hittner handed down the lengthy sentence at a hearing in Houston, Texas, a spokeswoman for the US attorney's office told AFP. Badly beaten in a jailhouse brawl, Stanford was temporarily declared unfit for trial after he became addicted to painkillers while also on antidepressants.

Houston public radio station KUHF has been covering the Stanford trial, his conviction, and sentencing. And you can listen to its two-part series on the victims of his fraud here and here.  

 

Wells has been a part of KUT News since 2012, when he was hired as the station's first online reporter. He's currently the social media host and producer for Texas Standard, KUT's flagship news program. In between those gigs, he served as online editor for KUT, covering news in Austin, Central Texas and beyond.