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Stanford Gets 110-Year Sentence for 7 Billion Fraud

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R. Allen Stanford, found guilty of leading a $7 billion international fraud, was sentenced to 110 years in prison after a prosecutor said he treated his victims like "road kill," Bloomberg News reported yesterday. U.S. District Judge David Hittner imposed the sentence today in Houston and ordered Stanford to forfeit $5.9 billion. Jurors in March convicted the Stanford Financial Group principal of 13 charges, including five counts of mail fraud and four of wire fraud.

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