Allen Stanford, convicted of leading a multibillion-dollar investment fraud, is appealing two court-approved settlements from prison. Stanford’s appeals, along with another filed by liquidators of his Antigua-based bank, could delay $257 million in payments to fraud victims. In a prepared statement, the receiver says Stanford is not challenging the merits of the settlements. Instead, “Stanford
Allen Stanford appeal expected to delay $257M in victim payments
Sign up for the free Daily Report email – local news about the people, companies and issues that impact business impact business in Baton Rouge and beyond.
