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Stanford Convicted in $7 Billion Investment Fraud Scheme

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March 6 (Bloomberg) -- R. Allen Stanford was convicted of fraud in what prosecutors said was a $7 billion scheme involving bogus certificates of deposit at his Antigua-based bank.

Link to Company News:{142238Z US <Equity> CN <GO>}

To contact the reporter on this story: Andrew Harris in Chicago at aharris16@bloomberg.net

To contact the editor responsible for this story: Mary Romano at mromano6@bloomberg.net

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