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Omaha Steve

(99,493 posts)
Sun Feb 12, 2012, 11:19 PM Feb 2012

Experts: Stanford's trial not won with 1 witness (one of the largest Ponzi schemes in U.S. history)


http://apnews.excite.com/article/20120212/D9SS0FBO0.html

By JUAN A. LOZANO

HOUSTON (AP) - From testimony about bribes, blood oaths, faked profits and secret Swiss bank accounts, the ongoing fraud trial of jailed and former jet setting Texas tycoon R. Allen Stanford has had its share of drama.

And many of the details about the alleged fraud that prosecutors say bilked investors out of more than $7 billion in one of the largest Ponzi schemes in U.S. history were provided by Stanford's former top money man and the prosecution's star witness, James M. Davis, over more than four days of testimony.

But Stanford's attorneys did their best to tear down Davis and portray him to jurors as a liar, adulterer, tax cheat and the true mastermind of the scheme who has pleaded guilty to three fraud and conspiracy charges as part of a plea deal with prosecutors and will say anything to avoid a lengthy prison term.

While legal experts say Davis' credibility will be important with jurors during their deliberations, a fraud case as complex as this one isn't won or lost with one witness and Stanford's fate remains unclear.

FULL story at link.

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Experts: Stanford's trial not won with 1 witness (one of the largest Ponzi schemes in U.S. history) (Original Post) Omaha Steve Feb 2012 OP
I hope they scorch his sorry thieving ass madokie Feb 2012 #1
The general population only cares about pedo's and snitches. jerseyjack Feb 2012 #2
Your contempt for your fellow Americans is duly noted. aquart Feb 2012 #3

madokie

(51,076 posts)
1. I hope they scorch his sorry thieving ass
Mon Feb 13, 2012, 07:33 AM
Feb 2012

When they do put him, Stanford, in prison I hope they put him in general population.

aquart

(69,014 posts)
3. Your contempt for your fellow Americans is duly noted.
Mon Feb 13, 2012, 08:21 AM
Feb 2012

Perhaps you should watch less "reality" TV.

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