Facebook Twitter eEdition Your News Business Directory List Business Classifieds Subscribe NEMisJobs NEMissPreps NEMSHomes NEMSDeals

UPDATE: Judge says no to consider Stanford's jail release
by Patsy R. Brumfield/Daily Journal
2 years ago | 781 views | 0 0 comments | 10 10 recommendations | email to a friend | print
R. Allen Stanford
R. Allen Stanford
slideshow
HOUSTON, Texas – A federal judge today said he won't reconsider jail detention for R. Allen Stanford, indicted on allegations he bilked thousands in a $7 million Ponzi scheme.

Earlier this week, the attorney for the Stanford Financial Group's CEO asked Judge David Hittner to reconsider Stanford's incarceration while he awaits trial on charges that could send him to prison for 275 years.

This afternoon, Hittner said no.

SFG's assets were frozen weeks ago by a court-appointed receiver while the case works its way through the courts.

Stanford is being held in a Conroe, Texas, jail. His other co-defendants are free on bond until trial, except for an Antiguan official who hasn't been arrested yet.

No trial date has been set in Houston's Southern District Court.

Read Friday's Daily Journal for more information.
Share This Article |
similar stories

UPDATE: Stanford attorneys appeal judge's no bond decision | 2 years ago by Juan A. Lozano/The Associated Press

UPDATE: Stanford asks 5th Circuit to reconsider jail detention | 2 years ago by Patsy R. Brumfield/Daily Journal

UPDATE: 5th Circuit says no to Stanford bail request | 14 months ago by NEMS Daily Journal

UPDATE: Stanford trial postponed indefinitely | 16 months ago by Daily Journal reports

UPDATE: Ex-Stanford exec enters plea in swindle case | 2 years ago by Juan A. Lozano/The Associated Press

Comments
(0)
Comments-icon Post a Comment
No Comments Yet