The Blotter: Brian Ross Investigates

Accused Swindler Stanford Owed Over $100 Million in Taxes

While accused billionaire fraudster R. Allen Stanford was showering U.S. lawmakers with cash, he was stiffing the IRS for over $100 million, court records show. In 2002 and 2003, Stanford and his wife Susan ran up enormous tax debts, according to an IRS lien filed in a Texas court last July. There is no record indicating the lien, for $104,204,406.06, has been withdrawn. Stanford and his wife have been separated for years and are undergoing divorce proceedings. In that same period, campaign...Full Story
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