Judge denies Stanford's motion for new trial

In this Wednesday, June 11, 2008 file photo, Sir R. Allen Stanford waves at Lords Cricket Ground in London. (AP Photo/Lefteris Pitarakis, File)
March 23, 2012 6:11:38 AM PDT
A federal judge has denied a new trial request from former Texas financier R. Allen Stanford, who was convicted of fraud in a $7 billion Ponzi scheme.

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