White-Collar Crime

Billionaire Stanford Says Private Jail is Sweltering, Seeks Government Cell

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A power outage made conditions in the private Texas jail in which he is now housed “intolerable,” eliminating both adequate ventilation and air conditioning, says billionaire R. Allen Stanford in a federal court filing.

Held without bail as a flight risk, the head of Stanford Financial Group is seeking a transfer from Joe Corley Detention Facility in Conroe to the relative comfort of a government cell in the Federal Detention Center in Houston, reports the Houston Chronicle.

Stanford is accused of masterminding a $7 billion bank swindle. As discussed in an earlier ABAJournal.com post, he had hoped to await trial in far more comfortable quarters—a luxury rental apartment in Houston he had arranged to share with his girlfriend.

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