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 17:19 2018 Thursday ,11 January
China factory gate inflation slows to 13-month lowGMT 17:50 2018 Wednesday ,10 January
German industrial output rebounds in NovemberGMT 17:39 2018 Wednesday ,10 January
Samsung tips record Q4 operating profit of more than $14 bnGMT 17:29 2018 Tuesday ,09 January
German industrial orders dip in NovemberGMT 15:36 2018 Thursday ,04 January
China factory activity accelerated in December: CaixinGMT 13:33 2018 Wednesday ,03 January
Turkey inflation rate eases but still stubbornly high in DecemberGMT 16:27 2018 Monday ,01 January
China manufacturing activity slows in DecemberGMT 17:36 2017 Sunday ,31 December
Spain to leave EU's deficit 'sin bin' next year: Rajoy
Maintained 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