Stanford getting a bum rap? Ex-federal prosecutor labels charges ‘ridiculous’
Bebel sees no evidence of any law-breaking; 'legitimate, ongoing business operations'
R. Allen Stanford didn't lead a Ponzi scheme that fleeced investors of $7 billion, a former federal prosecutor who reviewed evidence against him told a U.S. judge in Houston.
Securities lawyer Christopher Bebel reported his conclusions on the fourth day of trial in a case brought by the indicted
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