Stanford Trial Delayed over Drug Addiction

Allen Stanford, who has been deemed not competent to stand trial, has been granted a delay in his criminal trial to get treatment for a prescription drug addiction. See excerpts with a link to the full article below:

During an almost eight-hour long hearing yesterday to determine Stanford’s competency, defense and government psychiatrists agreed that Stanford was not competent to stand trial on January 24, and US District Judge David Hittner postponed the trial without setting a date. “Nothing can be done until the medical aspect is cleared up,” he said after granting the continuance, adding that only after Stanford is recovered and found competent would a new date be set for him to go on trial for defrauding investors of US$7 billion through the sale of certificates of deposit at the Stanford International Bank in Antigua. Hittner’s decision came after he heard from Victor Scarano and David Axelrad, two psychiatrists testifying for the defense, and Steven Rosenblatt, a psychiatrist working for the government.

As Stanford sat quietly in the court, speaking only to confirm that he agreed with his lawyers’ request for a two-year delay in his trial, all three agreed that the after effects of the head injury he sustained in a beating by an inmate last year; the high dosage of clonazepam, an anti-anxiety drug; and mirtazapine, an anti-depressant, were having an impact on him on his mental health. “In my opinion…he’s unable to work effectively with his attorney to develop a defense against the charges,” Scarano said. Although Rosenblatt agreed, saying that Stanford suffered delirium from the clonazepam, he questioned the dosage. He said the amount was still more than necessary, even though it was temporarily reduced a month ago. [. . .] In addition to being weaned off the clonazepam, Stanford will have to undergo several tests to determine how badly his head injury has affected him, the defense psychiatrists said. Axelrad said that even after withdrawal from the medications, they could still find Stanford has “significant neurological deficits” from injury.

For full article, see

3 thoughts on “Stanford Trial Delayed over Drug Addiction


    Stanford investors are preparing to preserve their rights to sue the U.S. Government for the failures of the Securities and Exchange Commission to conduct appropriate enforcement in this large international Ponzi scheme perpetrated by Allen Stanford of Texas. Investors have approached and are being represented by Dr. Gaytri Kachroo, the attorney who has filed the class action in the Madoff case in November of 2010. Dr. Kachroo indicates that if investors want to participate in an action against the SEC, most likely a class action, they must file claims immediately and no later than Feb. 16, 2011 (on the safe side) by speaking with a KLS representative as soon as possible. She strongly advises international investors to contact and file all documentation with Kachroo Legal Services prior to January 15, 2011 in order to timely process their claims. Those investors that have not contacted Dr. Kachroo may do so at Dr. Kachroo represents the Madoff whistle-blower, Harry Markopolos and continues to represent large numbers of Madoff investors.
    Beginning on February 17, 2009, the Federal Government has charged Allan Stanford with multiple civil fraud and criminal charges for allegedly running an $8 billion Ponzi scheme. Currently incarcerated at the Federal Detention Center in Huston, Texas, Stanford is awaiting trial.

  2. This delay will give the rouge government of Antigua to continue to cover up it’s active participation in their Knight, benefactor, and Blood Brother’s scam.

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