Stanford’s Lawyers Say They Need Two Years to Prepare for Trial
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Lawyers for R. Allen Stanford, the Texas financier accused of a $7 billion Ponzi scheme, asked to delay a trial set to begin Jan. 24 for at least two years so they can prepare their defense.
Stanford’s trial preparation suffered during the first nine months of this year because his previous lawyer “focused on attempting to obtain funds from the insurance provider” more than on the financier’s defense,” the lawyers, Ali Fazel and Richard Scardino, said yesterday in a court filing. “During this period of time, the accused determined that little progress was made toward actual trial preparation.”