Stanford Seeks Trial Delay After Court Puts Expert Pay on Hold

Lock
This article is for subscribers only.

R. Allen Stanford, accused of running a $7 billion investment fraud, seeks a three-month delay in his Jan. 23 trial date after his expert witnesses quit because they weren’t being paid.

Stanford’s experts haven’t been paid for four months, Ali Fazel, Stanford’s lead criminal-defense lawyer, said in court papers filed Dec. 30 in federal court in Houston. They quit last week after the U.S. Court of Appeals, which controls budgets for Stanford’s publicly funded defense, ruled that it will “modify and limit the expert budget moving forward” and withhold payments to them until after the trial, Fazel said.