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Prosecutors: Alleged Ponzi Schemer Stanford Faking Amnesia

Prison evaluators say he's performing so badly on tests, he can't be trying

By Kevin Spak,  Newser Staff

Posted Dec 16, 2011 12:03 PM CST

(Newser) – R. Allen Stanford is only pretending to have amnesia, prosecutors told a judge yesterday, urging him to declare the alleged Ponzi schemer fit to stand trial. Stanford's trial has been on hold since January, when doctors testified that he might have suffered a brain injury in a prison brawl. But prosecutors are citing a new prison evaluation that concluded that Stanford was performing so poorly on his neuropsychological tests that he must be "blatantly simulating cognitive defects."

Stanford began complaining of amnesia in February, and recently began claiming he couldn't remember anything prior to the assault, Bloomberg reports. But doctors say his complaints are "not credible" because his spontaneous recall seemed unimpaired. Prison staffers report that he freely converses with visitors about current events and his past life experiences, and a scan of his brain revealed no damage to the sections controlling memory. Stanford's lawyers, citing their own experts, insist he remains unfit to stand trial. He is accused of bilking $7 billion from investors.

R. Allen Stanford arrives for a bond hearing at the Bob Casey Federal Courthouse June 25, 2009 in Houston, Texas.
R. Allen Stanford arrives for a bond hearing at the Bob Casey Federal Courthouse June 25, 2009 in Houston, Texas.   (AP Photo/David J. Phillip, file)
R. Allen Stanford leaves the Bob Casey Federal Courthouse after a bond hearing June 26, 2009, in Houston, Texas.
R. Allen Stanford leaves the Bob Casey Federal Courthouse after a bond hearing June 26, 2009, in Houston, Texas.   (Getty Images)
R. Allen Stanford arrives for a bond hearing at the Bob Casey Federal Courthouse June 25, 2009 in Houston, Texas.
R. Allen Stanford arrives for a bond hearing at the Bob Casey Federal Courthouse June 25, 2009 in Houston, Texas.   (Getty Images)
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COMMENTS
Showing 3 of 5 comments
Reader68307102
Dec 17, 2011 7:59 AM CST
Quick study! Taking lessons from Jon Corzine, the SEC, and congress!
pg13
Dec 16, 2011 1:04 PM CST
He probably only ripped off Republicans, so I don't care what happens.    You could tell from his spiel that he was perfect for Republican voters who can't tell Stanford Ripoff from Stanford University.
JamaicaJim
Dec 16, 2011 12:22 PM CST
I wouldn't trust EITHER the Feds OR Stanford. The BOP has had him in diesel therapy for 3 years...that would drive anyone crazy. To those not familiar; diesel therapy is the BOP taking him from one jail to another - in hopes of making him talk. DON'T believe the BS the BOP and Feds are spewing. He isn't in one prison, and doubtful he got into a "brawl" either. Laughable.
 

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