Sir Allen Stanford Surrenders to FBI

Billionaire banker 'Sir' Allen Stanford, accused of bilking his investors out of $8 billion, surrendered to the FBI in Virginia Thursday evening, according to his attorney Dick Deguerin. Deguerin told ABC News that Stanford is now in custody and that a hearing is expected Friday morning. A grand jury investigating the Stanford Financial Group returned a sealed indictment Thursday, the Houston Chronicle reported. In April, Stanford told ABC News Chief Investigative Correspondent Brian Ross in...Full Story
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