HOUSTON (Reuters) - Allen Stanford was found guilty of conspiracy and fraud charges by a federal jury on Tuesday for leading a $7 billion Ponzi scheme from his offshore bank in Antigua.
A jury of eight men and four women found Stanford, whose net worth was once estimated at more than $2 billion, guilty on 13 counts of a 14-count criminal indictment.
(Reporting By Anna Driver and Eileen O'Grady)
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