US district judge David Hittner, who presided over Stanford’s month-long trial in Houston, “permitted the media to tweet throughout”, according to a filing by Stanford’s legal team this week. Stanford, who famously landed a helicopter on Lord’s cricket ground as he arrived to sign a multi-million-pound deal with the English Cricket Board in 2008, was found guilty earlier this month of orchestrating a $7bn (£4.4bn) Ponzi scheme that defrauded more than 20,000 investors. Lawyers for the 61-year-old Texan also said they had not been given sufficient time to prepare a defence for the man once said to be worth $2bn. Judge Hittner turned down the request yesterday (THURSDAY). The investors who lost money with Stanford have yet to see any of it returned. The jury that convicted him also found that US authorities should try to retrieve $330m from foreign bank accounts. Stanford is due to be sentenced on June 14.
GMT 12:09 2018 Monday ,26 November
Black Friday less wild as more Americans turn to online dealsGMT 15:06 2018 Sunday ,18 November
Refugee host countries discuss UNRWA's financial crisisGMT 16:17 2018 Monday ,12 November
Egypt working on 4-year plan to increase growth rateGMT 12:45 2018 Friday ,09 November
Egyptian agriculture products introduced to Japanese markeGMT 11:42 2018 Friday ,02 November
Turkey's new mega airport, boon for slowing economyGMT 13:42 2018 Monday ,29 October
Egypt's trade volume hits $67.63 bln over 9 monthsGMT 15:13 2018 Friday ,12 October
Govt to announce incentives package for Overseas PakistanisGMT 14:46 2018 Thursday ,11 October
Economy and energy dominate agenda in Russian-Slovak relationsMaintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2025 ©
Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2025 ©
Send your comments
Your comment as a visitor