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Remaining Stanford Ponzi Schemer Heading to Jail

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    FBN’s Adam Shapiro with the latest business headlines, including news that Allen Stanford’s remaining Ponzi scheme ally is going to jail.

  • Duration 0:57
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I'm Adam Shapiro your Fox Business -- shares of HJ Heinz -- soaring.

After Warren Buffett's Berkshire Hathaway and Beijing capital announced -- -- teaming up to buy the ketchup maker for 28 million dollars that includes assumed debt.

It marks the largest food acquisition on record Berkshire Hathaway -- three G capital say -- will remain headquartered in Pittsburgh.

Liz claim it is going to speak with a warm Buffett on this story on count down to the closing bell.

3 PM eastern right here on Fox Business.

One of the last two remaining defendants.

Convicted of conspiring.

With Ponzi schemer Allen Stanford is going to prison for twenty years Gilbert Lopez junior a former accounting officer.

One of Stanford's companies received his sentence and a federal court in Houston today the other defendant Mark -- Is going to be sentenced later today that's the latest from the Fox Business Network giving you the power across.