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Tuesday, September 15, 2009

PUBLIC DEFENDER APPOINTED TO REPRESENT BILLIONAIRE STANFORD

The man who even looks good in jail orange and matching ensemble—damn that is class


“The man needs an attorney, he's got an attorney, we're going to get this case to trial.”

With those words, the federal judge presiding over the prosecution of Billionaire Allan Stanford—who allegedly defrauded investors of hundreds of millions of dollars from his stately Caribbean headquarters, complete with a Tara-style manse, jets, helicopters and yachts—unceremoniously appointed the public defender to represent him.

According to the Houston Chronicle, the federal public defender immediately moved to shift a substantial part of the defense costs from its budget to the tax payers by requesting that a “high-profile” white collar defense lawyer, Kent A. Schaffer, be appointed by the court to “assist” in the high flying gazillionaire’s defense.

The public defender was appointed in the face of Stanford’s claim that his asserts have been frozen by the feds, and that as a result he cannot afford the traditional billionaire’s (or even a millionaire’s) defense to the complex securities fraud case invlving co-defendants.

Read more:

Judge Appoints Public Defender for Billionaire R. Allen Stanford (ABA J.)

Stanford getting new lawyer: a public defender (Houston Chronicle)


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