Dozens of Stanford employees in Antigua let go

Seventy-seven employees were let go this week from Stanford's international bank and his trust company in Antigua. Last week, 30 workers were laid off.

Antigua's banking regulators have appointed a lawyer from Great Britain as receiver. Houston financier /*Allen Stanford*/ is accused of running an $8 billion ponzi scheme.

Stanford said earlier this week he expects to be indicted by a federal grand jury in the next couple of weeks.