Teaxn businessman R. Allen Stanford was convicted of bilking over 7 billion dollars from duped investors. March 7, 2012- On Tuesday, R. Allen Stanford was found guilty be a federal jury on all by one of 14 counts of fraud. The Texas financier operated a scheme worldwide that was in operation for more than 20 years and took in over $7 billion of investor’s money.  Stanford sat silently when the verdict was read, barely moving his head downward while shutting his eyes. At the same time, his mother,...