Stanford wants federal judge to free up money
Published:Wednesday | April 1, 2009 | 1:17 PM
Mr Stanford wants a federal judge to free up some of his money to allow him to hire a lawyer.
Mr Stanford has denied wrongdoing, and says he hasn’t been able to hire a lawyer to defend himself because his assets and money have been seized.
The Commission claims that Mr. Stanford and top officials of the Stanford Financial Group were involved in an $8 billion fraud.
They are said to have lied to investors about the safety of investments sold as certificates of deposit.