Judge David Hittner gave the OK to prosecutors, who asked for the examination prior to Stanford’s trial date Jan. 24 on 21 criminal counts that he masterminded a $7.2 billion Ponzi scheme on investors in CDs sold by his Stanford International Bank in the Caribbean.
Stanford’s financial empire had Mississippi offices, including Tupelo and Jackson. Scores of Mississippi investors lost their life savings and retirement accounts when the company crashed in 2009.
Stanford’s attorneys claim he is so drugged up in the Houston detention center that he can’t help prepare for his defense. For the fourth time, they’ve asked the 5th Circuit Court of Appeals to set bail for him.
A few months ago, a psychiatrist hired by Stanford’s counsel told the court he was on the verge of a nervous breakdown and should be allowed out to help his legal team prepare for trial.
The prosecutor’s motion for a new mental exam casts doubt that Stanford is anything but “cogent” with an “understanding of the legal process far beyond that of the typical defendant,” they say about his recent behavior with documents and statements.
Dr. Steven Rosenblatt will conduct the exam in Houston, they say. But it Stanford fails to participate in this testing, the U.S. will see an examination in a Bureau of Prisons medical facility.
The motion also states that Stanford’s attorneys do not oppose the action.