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U.S. judge rules Allen Stanford competent to stand trial

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22 Dec 2011 23:09 #68246 by chairman
HOUSTON, (Reuters) – Financier Allen Stanford was  judged mentally fit to stand trial by a federal judge today, setting the stage for a trial next year in one of the  biggest white-collar fraud cases since Bernard Madoff.
Stanford, 61, is accused of operating a $7 billion Ponzi  scheme that bilked investors throughout the United States and  Latin America.
He has been in federal custody since his arrest in June 2009  after being considered a flight risk.
Always tell someone how you feel because opportunities are lost in the blink of an eye but regret can last a lifetime.
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