Caribbean News Now!

About Us Contact Us


Jump to your country or territory of interest

Advertise with us

Reach our daily visitors from around the Caribbean and throughout the world. Click here for rates and placements.


Submit news and opinion for publication


Click here to receive our daily regional news headlines by email.


Click here to browse our extensive archives going back to 2004

Also, for the convenience of our readers and the online community generally, we have reproduced the complete Caribbean Net News archives from 2004 to 2010 here.

Climate Change Watch

The Caribbean is especially vulnerable to rising sea levels brought about by global warming. Read the latest news and information here...

Follow Caribbean News Now on Twitter
Connect with Caribbean News Now on Linkedin

News from the Caribbean:

Back To Today's News

Stanford loses last chance at Fifth Circuit court of appeal
Published on January 25, 2016 Email To Friend    Print Version

By Kenneth Rijock

HOUSTON, USA -- Antigua-based offshore banker and convicted Ponzi schemer, R. Allen Stanford, whose appeal to the Fifth Circuit against his criminal conviction and sentence was unsuccessful, has lost his final bid to have that court hear his case. His petition for a rehearing en banc, meaning by all the judges of the court, was denied.

R. Allen Stanford
The court treated his application as a petition for panel hearing and ruled that, since no member of the panel or a judge in regular active service of the court, had requested that the court be polled on the rehearing en banc, his petition was therefore denied.

Stanford has now exhausted his appeals as a matter of right; the only option left to him now is filing a petition for a writ of certiorari to the United States Supreme Court, where the chances that the court will hear his case are statistically very remote.

Kenneth Rijock is a banking lawyer turned-career money launderer (10 years), turned-compliance officer specialising in enhanced due diligence, and a financial crime consultant who publishes a Financial Crime Blog. The Laundry Man, his autobiography, was published in the UK on 5 July 2012.
Reads: 9073

Click here to receive daily news headlines from Caribbean News Now!



No comments on this topic yet. Be the first one to submit a comment.


As a result of our comments feature being overtaken in recent weeks by spammers using fake email addresses, producing a large number of bounced verification emails each day, we have reluctantly decided to suspend the comments section until further notice.

User comments posted on this website are the sole views and opinions of the comment author and are not representative of Caribbean News Now or its staff. Caribbean News Now accepts no liability and will not be held accountable for user comments.
Caribbean News Now reserves the right to remove, edit or censor any comments. Any content that is considered unsuitable, unlawful or offensive, includes personal details, advertises or promotes products, services or websites or repeats previous comments will not be approved.
Before posting, please refer to our Terms of Use and Privacy Policy.

Other Headlines:

Regional Sports: