Stanford Group's multi billion dollar fraud

Investors in the Baton Rouge area could be out as much as half a billion dollars. The federal gov...  More »

Investors in the Baton Rouge area could be out as much as half a billion dollars. The federal government says the Houston-based Stanford Group and its CEO, Allen Stanford, ripped off investors, and more than $8 billion is unaccounted for. As News 2's Luke Marglois explains, the damage is beginning to hit home for many of the company's investors.  « Less