Written by CanaNews Posted On: Wednesday, 20 June 2012 Last Updated: Wednesday, 20 June 2012
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HOUSTON, Texas, June 20, CMC – A week after he was jailed for life, Allen Stanford’s former chief investment officer has agreed to plead guilty and serve three years in prison for her role in Stanford’s seven-billion-US-dollar Ponzi scheme involving Antigua-based Stanford International Bank (SIB), according to reports here.
Laura Pendergest Holt, 38, faces trial in September on charges related to those resulting in Stanford’s June 14 sentence of 110 years in prison.
US prosecutors had requested a maximum sentence of 230 years against Stanford, based on investors’ losses on bogus certificates of deposit sold by SIB.
Bouterse wins general elections in Suriname PARAMARIBO, Suriname - President Desi Bouterse (69) and his National Democratic Party (NDP) won the general elections held on Monday in Suriname. With over 80 percent of the votes counted preliminary results...