Stanford's Request To Delay Trial Denied

Mug shot of Allen Stanford. Image from United States Marshals Service
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.

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.

Bio photo of Pat Hernandez

Pat Hernandez

Reporter

Pat Hernandez is a general assignments reporter who joined the KUHF news staff in February of 2008...