Allen Stanford was convicted of fraud in 2012 and is serving a 110-year prison term.
Switzerland will return $150 million from blocked Swiss bank accounts by the end of the year to the United States to be given to victims of convicted Ponzi scheme con artist Robert Allen Stanford.
Stanford, a former Texas financier, was convicted of fraud by a Houston jury in 2012 in what prosecutors called a $7.2 billion fraud that lasted two decades and which was eclipsed in size only by the Ponzi scheme run by Bernie Madoff.
About $50 million had previously been returned.
Stanford is serving a 110-year prison term.
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