R. Allen Stanford's court date postponed

November 28, 2011 2:02:20 PM PST
The arraignment of disgraced financier R. Allen Stanford was postponed today.

Stanford is accused of running a $7 billion ponzi scheme. He was beaten by another prison inmate in 2009, and became addicted to prescription drugs in prison.

A judge found him incompetent to stand trial last January, and he was ordered into treatment. Stanford's trial is set to begin in January.

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