Ex-Stanford CFO to plead guilty in 2 weeks

Mon Jul 13, 2009 12:17pm EDT
 
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HOUSTON (Reuters) - Former Stanford International Bank Ltd Chief Financial Officer James Davis plans to enter a guilty plea to federal charges within two weeks, his lawyer, David Finn, told a U.S. judge in Houston on Monday.

Davis faces conspiracy and obstruction charges related to a $7 billion scheme involving certificates of deposit issued by the offshore bank in Antigua.

(Reporting by Anna Driver; Editing by Lisa Von Ahn)

 

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