Money | Robert Allen Stanford Ponzi Schemer Stanford Gets 110 Years Texas financier called 'ruthless predator' by prosecutors By John Johnson Posted Jun 14, 2012 12:33 PM CDT Copied In this March 6, 2012, file photo, R. Allen Stanford leaves the Bob Casey Federal Courthouse in Houston. (AP Photo/Houston Chronicle, Nick de la Torre, File) R. Allen Stanford's epic fall from billionaire to imprisoned fraudster came to a conclusion today as a judge sentenced him to 110 years in prison, reports the Wall Street Journal. Stanford was convicted in March of bilking investors in a $7 billion Ponzi scheme that spanned 20 years. Prosecutors sought 230 years, calling him a "ruthless predator" who orchestrated one of the biggest frauds in history. Stanford's lawyers hoped to get him out on time already served. Investors weren't having any of that: "You, sir, are a dirty rotten scoundrel," said one of the victims allowed to address the court, notes Forbes. Read These Next Iran's supreme leader makes first public comments since ceasefire. New Fox star, 23, misses first day after car troubles. Her blood isn't compatible with anyone else's. Man accused of killing his daughters might be dead. Report an error