Stanford's Request To Delay Trial Denied
by: Pat Hernandez, December 29, 2011 1:12:00 am
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.