Ex-Stanford Execs Get 20 Years For Roles In $7B Scheme

Law360, Houston (February 14, 2013, 1:36 PM EST) -- A Texas federal judge on Thursday sent two former Stanford Financial Group executives to prison for the next two decades for their roles in helping Robert Allen Stanford run his $7 billion Ponzi scheme.

U.S. District Judge David Hittner sentenced Gilbert T. Lopez Jr., the former chief accounting officer of defunct Stanford Financial Group, and Mark J. Kuhrt, the former global controller of Stanford Financial Group Global Management, to 240 months in federal prison.

Assistant U.S. Attorney Jeffrey A. Goldberg had pushed the court to drop...
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