U.S. judge extends order freezing Stanford assets

Mon Mar 2, 2009 6:51pm GMT
 
Email | Print | | Single Page
[-] Text [+]

DALLAS (Reuters) - A federal judge on Monday extended an order to freeze the assets of Texan billionaire Allen Stanford and three of his companies that are accused of running a massive and long-running Ponzi scheme by U.S. regulators.

U.S. District Judge David Godbey extended a temporary restraining order that was initially granted on February 17 until March 12 at a hearing in federal court in Dallas.

(Reporting by Ed Stoddard in Dallas, writing by Anna Driver; Editing by Lisa Von Ahn)

 
Actor Bill Nighy poses on the red carpet before a film premiere in Berlin April 7, 2009. REUTERS/Hannibal Hanschke
"Robin Hood" tax campaign

A film featuring actor Bill Nighy kicks off a campaign backed by charities, unions and economists for a global tax on banks' financial transactions to fight poverty.  Full Article | Related Story 

Photo

Market Update

  • UKUK
  • USUS
  • Europe
  • Asia
  • UK Most Actives

Most Popular Business News on Reuters UK

  • Articles
  • Videos