A New York state appeals court on Tuesday upheld the conviction of Anthony Marshall, who was found guilty in 2009 of siphoning millions of dollars from socialite Brooke Astor's estate.
Investors in a $7 billion Ponzi scheme orchestrated by former Texas tycoon R. Allen Stanford could finally begin getting back some of what they lost in the next few months, after a recovery process that has dragged on for more than four years. Investors, some of whom lost their life savings, will see only a pittance of what they put into the scheme, but "the process got a boost this past week as parties that had been battling each other for control of about $300 million in frozen foreign bank accounts and other assets once owned by Stanford reached an agreement to work together."
A member of the gospel music Winans family has been sentenced to nearly 14 years in prison for an $8 million financial scam that was promoted in church pulpit.
