Ex-Stanford executives jailed 20 years over roles in US$7bil fraud


The final two defendants convicted for helping the former Texas billionaire financier Allen Stanford swindle investors were each sentenced on Thursday to 20 years in prison over their roles in his $7.2 billion Ponzi scheme.

Gilbert Lopez, the former chief accounting officer of Stanford Financial Group, and former controller Mark Kuhrt were sentenced by U.S. District Judge David Hittner in Houston.

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