Judge Orders Bond for Allen Stanford
A federal judge in Houston today rejected the Government's motion for pre-trial detention and ordered financier Allen Stanford released on bond. The order was stayed until Friday so the Government can appeal.
"There are no conditions that will guarantee this defendant's appearance in court," Pelletier said. "This case demands pretrial detention."
That's not the test. The standard is whether there are conditions that will "reasonably assure" not guarantee a defendant's appearance.
Dick DeGuerin, Stanford's lawyer, told the court the feds seized everything from him, including his underwear [More...]:
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