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Allen Stanford: September 2009

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Stanford Gets Prison Transfer To Pore Over Mass Of Case Docs

Justin Elliott | September 29, 2009, 11:48AM

A judge will allow accused fraudster Allen Stanford to be transferred from a private Texas jail to a federal prison in downtown Houston so he can better prepare his case, Bloomberg reports.

Stanford, who as of last night was still in a prison infirmary after suffering injuries in a fight, will be closer to court-appointed lawyers at the Houston facility.

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Topics: Allen Stanford, David Hittner

Stanford Hurt In Prison Brawl

Zachary Roth | September 28, 2009, 9:54AM

Allen Stanford's jail woes continue. The accused $7 billion Ponzi schemer sustained minor injuries after getting into a fight last week, reports the Houston Chronicle.

It's not clear how the fight between Stanford and the other inmate got started. But the one-time billionaire banker looks to have gotten the worst of it -- he was the only one taken to the hospital, with bruising and other superficial injuries.

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Topics: Allen Stanford, Dick DeGuerin

Allen Stanford

Public Defender For Billionaire Stanford

Zachary Roth | September 15, 2009, 4:59PM

Billionaire banker Allen Stanford will have to settle for a public defender to represent him on charges that he orchestrated a massive financial fraud.

Stanford's assets have been frozen, leaving him with no money to pay Dick DeGuerin, the high-powered defense attorney he's been working with of late. With no guarantee of payment, DeGuerin formally withdrew, and U.S. District Judge David Hittner asked the head of the federal public defender office in Houston to take over, reports the Houston Chronicle.