TEXAS, United States, December 18, 2009 - Fraud accused Allen Stanford will spend another year in prison before his criminal even begins.
Prosecutors wanted a September 2010 trial date and the former billionaire's attorney wanted a later summer 2011 start. But US District Judge David Hittner announced that the case would begin in January 2011.
Stanford has been in custody since being charged in June with a total 21 criminal charges stemming from the alleged US$8 billion fraud conducted through the Antigua-based Stanford International Bank (SIB).
He has been denied bail because he is considered a flight risk.
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