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Allen Stanford

R. Allen Stanford is scheduled to be sentenced on June 14 and could face up to life in prison. The former chairman of Stanford Financial Group was indicted on 21 counts in March for a $7 billion fraud. The charges included conspiracy to launder money, fraud, and obstruction of justice. Photo: Robert Allen Stanford arrives for a bond hearing on June 25, 2009 in Houston, Texas.

Convicted Executives: Where Are They Now?

June 14, 2012

Former Texas tycoon R. Allen Stanford was sentenced to 110 years in prison for a $7 billion Ponzi scheme, one of the largest in U.S. history. Stanford is just one of many former executives who have been convicted of a crime and gone to jail. Here's a look at some of them and what they're doing now. --by Caroline Kim