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  • Stanford's Bond Revoked, Will Remain Behind Bars

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  • Associated Press
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Stanford's Bond Revoked, Will Remain Behind Bars

A U.S. District Court judge has reversed the decision of a magistrate and ordered R. Allen Stanford to remain behind bars until his trial. Stanford is accused of running a ponzi scheme, costing investors seven billion dollars. (July 1)

Associated Press | July 1, 2009Watch more videos from Associated Press

Tags:. .investors. .magistrate. .ponzi. .revoked. .financial group