Video: 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.

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Video: Billionaire Stanford indicted on fraud charges

Billionaire R. Allen Stanford has been indicted on defrauding investors of more than $7 Billion. He was transferred from Virginia to Houston, where he is expected to make a court appearance Thursday.

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Video: R. Allen Stanford surrenders to FBI in Va.

The attorney for Texas billionaire R. Allen Stanford says his client has surrendered to FBI agents in Virginia. Officials, speaking on the condition of anonymity, say authorities plan to unseal an indictment charging Stanford on Friday.

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Video: Stanford tries to surrender, is denied

Allen Stanford, accused of running an $8 billion investment fraud, tried to turn himself in to federal marshals in Houston on Thursday, but they didn't take him into custody because no warrant has been issued for him.

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Video: FBI tracks down Texas financier in fraud case

Texas financier R. Allen Stanford was tracked down Thursday in Virginia, where FBI agents served him with legal papers in a multibillion-dollar fraud case.

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