Monday, May 6, 2024

Decision time for Stanford

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TEXAS, United States – Jurors in the criminal trial of disgraced cricket financier Allen Stanford are yet to reach a verdict after deliberating for two days.
The four-woman, eight-man jury will resume deliberations on Monday in US Federal District Court after receiving the case on Wednesday.
Stanford, 61, is accused of perpetrating a US$7 billion Ponzi scheme involving his Antigua-based Stanford International Bank (SIB).
The Texan bankrolled the multi-million dollar the Stanford Twenty20 tournament for several years in the Caribbean, in what was the first real lucrative professional cricket league in the region. (CMC)

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