BusinessCompany NewsStanford claims he can’t afford lawyer

Stanford claims he can't afford lawyer

Judge appoints public defender to represent former billionaire

Texan billionaiire Allen Stanfoord

Former Texan billionaire Allen Stanford cannot afford a lawyer to represent
him as he fights charges that he engaged in a £4.3bn Ponzi scheme.

A judge has now ordered a public defender to represent the flamboyant,
cricket-loving billionaire, who appeared yesterday in orange prison garb,
looking gaunt and drawn,
The
Times
reports.

Stanford does not have access to his funds, which were frozen when regulators
filed charges against him.

Stanford will now be represented by Michael Sokolow from the Federal Public
Defender’s office in Houston, who will replace his Houston attorney Dick
DeGuerin, who asked to be taken off the case in July.

Read the full story:
Allen
Stanford claims he cannot afford a lawyer

Stanford’s
financial officer pleads guilty

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