Alleged Ponzi schemer R. Allen Stanford reportedly faces 250 years for the $7 billion that prosectutors claim he stole from his investors. (Click here to read story about his indictment.)
Seems like a pretty good deal.
It’s only one year for every $28 million that the Texas financier allegedly fleeced.
Can you imagine getting nailed for running a $28 million scam, and only having to serve a year?
Clearly, there’s a volume discount for massive frauds.