Supreme Court Won't Take Up Stanford Ponzi Case

Law360, New York (January 13, 2012, 7:10 PM EST) -- The U.S. Supreme Court on Friday refused to review alleged Ponzi schemer R. Allen Stanford's case, which defense lawyers say has been compromised by Stanford's mental state, while a Texas federal judge declined to dismiss the case or allow Stanford's lawyers to withdraw before the upcoming trial.

Stanford, who is accused of orchestrating a $7 billion fraud scheme and who suffered a brain injury while incarcerated, petitioned for a writ of certiorari Thursday, which the high court denied Friday.

Later in the day, U.S. District Judge...
To view the full article, register now.




Case Information

Case Title

USA v. Stanford et al

Case Number



Texas Southern

Nature of Suit

Date Filed

June 18, 2009

Government Agencies

Law360 Pro Say Podcast
Check out Law360's new podcast, Pro Say, which offers a weekly recap of both the biggest stories and hidden gems from the world of law.