Swindler Allen Stanford Moved to Madoff’s Prison…
…as a judge in January ruled Stanford incompetent to stand trial. He and Bernie are chilling in the same Buttner, N.C., prison.
Then the $7 billion Ponzi schemer Stanford last week pulled a crazy-like-a-fox move: Sir Swindler Stanford filed HIS OWN SUIT against the U.S. government agency reps with the SEC and the FBI, seeking $7.2 billion. (The case is R. Allen Stanford v Stephen Korotosh et al, U.S. District Court for the Southern District of Texas, aka the stanford-complaint). An excellent synopsis of the competing lawsuits can be found at Law360.
So he can’t stand for trial if incompetent, but he can file suit? What am I missing here?