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Stanford’s Request To Delay Trial Denied

A federal judge has rejected a request by disgraced financier R. Allen Stanford that his trial be postponed. His attorneys were hoping for a continuance until April.


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The ruling by U.S. District Judge David Hittner means jury selection will begin January 23.

Stanford has been jailed since being charged in 2009, with bilking investors out of $7 billion in a massive Ponzi scheme.  

Judge Hittner’s ruling said Stanford has adequate legal representation, and that the need for a speedy trial is particularly acute, because of the thousands of investors affected. Hittner ruled last week that Stanford is competent to stand trial.

That ruling came after a  three day hearing, in which Stanford’s attorneys argued that a traumatic brain injury and other disorders, prevented him from assisting in his defense.

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