Stanford Attys Lose Mistrial Bid In $7B Ponzi Case

Law360, New York (February 24, 2012, 6:55 PM EST) -- Attorneys for financier Robert Allen Stanford, who has denied running a $7 billion Ponzi scheme, reportedly lost a bid for mistrial in Texas federal court Friday after prosecutors said computer hard drives of the auditor for his Caribbean bank had been erased.

Prosecutor Andrew Warren raised the issue of the hard drives in cross-examining forensic accountant Morris Hollander, a defense witness who had said that, based on financial statements and other documents, Antiguan-based Stanford International Bank was properly audited by C.A.S. Hewlett, the Associated Press reported....
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