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Wednesday, May 19
Attorneys: Stanford a 'wreck of a man'
The Associated Press HOUSTON — Texas financier R. Allen Stanford's attorneys said Tuesday that jail has reduced their client to a "wreck of a man" who is severely depressed, forgets conversations, can no longer see out of one eye and believes he is "losing his mind."
The description of Stanford's mental and physical condition was contained in a motion filed by his attorneys asking a federal judge, for a third time, to grant the jailed financier a bond so he can be free while awaiting his trial. Stanford is due to go on trial in January on charges he bilked investors out of $7 billion as part of a massive Ponzi scheme.