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Stanford Spends another Night in Jail

Posted on · Texas billionaire investor R. Allen Stanford should find out later today whether he is released on bond, or remains jailed before the start of his trial. He's accused of bilking thousands of investors out of seven billion dollars. Pat Hernandez has the story.

News

Government to Argue Stanford’s Bond

Posted on · A man accused of bilking investors in an alleged 7-billion dollar Ponzi scheme, has pleaded not guilty to fraud. Bond is set at a half-million dollars for Texas financier R. Allen Stanford. He was returned overnight to a Montgomery County jail, but could be released later today. His attorney says there is a lot of work to do to prove his client's innocence. Pat Hernandez has more.