Ponzi Schemer Allen Stanford Checks into Hospital as His Right-Hand Man Pleads Guilty
|via Liz Lomax 3D Illustrations for Texas Monthly|
Sir Allen did not take the news well. He checked into a Houston-area hospital this morning with a high pulse rate, according to the AP.
As if the combo of your best friend turning against you and a heart attack aren't bad enough, the double-whammy comes on the heels of two other spectacularly embarassing losses for the once financial giant.
Stanford, who used to rule the tiny Caribbean island of Antigua like a cross between William Randolph Hearst and Ron Burgundy, was scheduled to appear in court later today to ask for court assistance in finding a new attorney.
The former billionaire, it seems, now has no cash to pay for his lawyers.
To top it off, on Monday, a federal appeals court ruled Stanford must stay in jail despite complaints that the case against him lacks merit and that his prison lacks air conditioning.
Quite a fall for a guy who bought a Coral Gables castle complete with moat for one of his mistresses just a couple of years ago. On the upside, Stanford has gone a couple of months without threatening to punch any reporters or cameramen.