Man tapped to replace disgraced Antigua regulator steps aside to avoid conflict of interestST JOHN’S, Antigua — The man appointed to replace Antigua’s disgraced financial regulator is stepping aside to avoid a possible conflict of interest. Judge delays Texas financier R. Allen Stanford’s release on bondHOUSTON — Texas financier R. Allen Stanford, facing trial on charges he swindled investors out of $7 billion, will spend the weekend behind bars after a federal judge Friday ruled to delay his release on bond. Federal indictment accuses billionaire R. Allen Stanford of running a vast Ponzi schemeWASHINGTON — Texas billionaire R. Allen Stanford, whose sprawling banking empire collapsed this year, has been indicted for what prosecutors say is a $7 billion scheme to defraud investors. Texas billionaire R. Allen Stanford set to appear in federal court in Va. after surrenderingRICHMOND, Va. — Texas billionaire R. Allen Stanford is scheduled to appear before a federal judge in Virginia at 1:30 p.m. Eastern time Friday for an initial hearing after surrendering to FBI agents on fraud charges the day before. Texas billionaire R. Allen Stanford to appear in court Friday after surrendering to FBI in Va.DALLAS — Texas billionaire R. Allen Stanford, chairman of the troubled Stanford Financial Group, is scheduled to appear in federal court Friday on fraud charges after surrendering to FBI agents in Virginia the day before, officials said. Attorney says Texas billionaire R. Allen Stanford surrenders to FBI agents in VirginiaDALLAS — The attorney for R. Allen Stanford, chairman of troubled Stanford Financial Group, says the Texas billionaire has surrendered to FBI agents in Virginia. |