Fraudster Allen Stanford gets 110 years

The scheme was described as one of the largest in US history. At his sentencing hearing, Stanford denied any guilt, telling the judge: "I did not defraud anybody", the BBC reports. In March, following a six-week trial in Houston, Texas, a jury found him guilty of conspiracy and 12 other criminal charges including obstruction. He was acquitted of one wire fraud charge. Prosecutors argued Stanford - dubbed "the chief faker" by his former chief financial officer during proceedings - used his clients' money to fuel his "lavish lifestyle" and "loser companies" in a massive Ponzi scheme....