Federal Detention Center, Houston News

I recognize that he is not the most popular fellow in Houston investment circles these days, but is anyone else but me a tad uncomfotable that the federal government is running roughshod over R. Allen Stanford? As everyone following the Stanford Financial Group scan dal knows by now, at the request of the Department of Justice, U.S. District Judge ...

A man accused of running a Ponzi scheme through his Lake Jackson business five years ago was sentenced Thursday to more than 11 years in prison and ordered to pay $11 million in restitution.

Aracely Gonzalez, 53, of McAllen, has been convicted of conspiracy to commit kidnapping, acting United States Attorney Tim Johnson announced today.