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Gary Magness is an American businessman and film producer. [1][2] Magness was born in Texas and grew up in Bozeman, Montana. [2][3] His father was Bob Magness, the founder of Tele-Communications Inc. [2] He attended the Western State College of Colorado, but dropped out. [4]
Sep 12, 2022 · The U.S. Court of Appeals for the Fifth Circuit affirmed a district court's $125 million judgment against Colorado billionaire Gary Magness for his role in the Stanford International Bank's...
Jan 20, 2017 · A Dallas federal jury Wednesday told the court-appointed receiver for R. Allen Stanford’s $7 billion international Ponzi scheme that he could not take $88 million from billionaire investor and film producer Gary Magness.
Dec 13, 2021 · Colorado billionaire Gary Magness lost his attempt to have the U.S. Supreme Court review a federal appeals court decision that he must pay back at least $79 million he received from R. Allen Stanford’s $7 billion Ponzi scheme.
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Oct 8, 2020 · The receiver handling the aftermath of Stanford's $7 billion Ponzi scheme won a $123 million judgment against Gary Magness following a state court's determination that the billionaire should've suspected fraud when he received a $79 million transfer from Stanford's insolvent bank.
