Stanford transferred for addiction treatment
Published:Wednesday | February 16, 2011 | 2:56 PM
Former Caribbean cricket financier Allen Stanford is being sent to a prison hospital to receive treatment for addiction to anti-anxiety medication and for psychiatric evaluation.
A US judge last month declared Stanford unfit to stand trial on charges of running a $7 billion fraud from his base in Antigua.
The former billionaire is said to have become addicted to a powerful anti-anxiety medicine in prison.
A federal Bureau of Prisons website listed Stanford's status as in transit from a Houston jail to another facility.
He has pleaded not guilty to a 21-count criminal indictment that he ran a Ponzi scheme.