Prosecutors in Houston argued today that Allen Stanford holds Antiguan citizenship, that he didn't confess right away to holding an Antiguan passport, that he may have access to hidden vast wealth and is therefore a flight risk. The judge hearing an appeal on the $500,000 bond set Friday against the alleged $7 billion Ponzi schemer, has kept Stanford in jail for another night. The case continues tomorrow.
Monday, June 29, 2009
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