Cricket mogul gets 110 years in jail

HOUSTON: Financier and cricket mogul Allen Stanford was sentenced to 110 years in jail for a $7 billion Ponzi scheme, closing the book on the flamboyant ex-tycoon’s stunning fall from grace.

“This is one of the most egregious frauds ever presented to a trial jury in federal court,” Judge David Hittner said in handing down the lengthy sentence Thursday.

Stanford, 62, has spent the past three years in jail after being deemed a flight risk. He will likely never taste freedom again.

The sentence will bring some satisfaction — but likely little financial relief — to some 30,000 investors from more than 100 countries who were bilked by bogus investments with Stanford International Bank.

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