September 1, 2009 / 7:54 PM / 8 years ago

Allen Stanford back in jail with leg aneurysm

1 Min Read

<p>Texas billionaire Allen Stanford arrives at the Federal courthouse in Houston, in the custody of US marshalls, June 25, 2009.Steve Campbell</p>

HOUSTON (Reuters) - Accused swindler Allen Stanford is back to a federal detention center after doctors diagnosed an aneurysm in his left leg that is not life-threatening, his lawyer's office said on Tuesday.

Stanford, 59, was taken to the hospital on Thursday after experiencing a racing pulse several hours before he was scheduled to appear in federal court in Houston.

Tests showed he suffered from an aneurysm in the leg, a condition that can be remedied by surgery, an assistant to Stanford's lawyer, Dick DeGuerin, said.

Aneurysms are blood-filled balloons in blood vessels.

Stanford has been in the Conroe, Texas jail, located about 40 miles north of Houston, since his arrest on June 18.

The former billionaire, who has pleaded not guilty to the charges, is accused of leading a $7 billion fraud.

U.S. prosecutors accuse Stanford and others of selling fraudulent certificates of deposit issued by his offshore bank and bribing regulators and accountants in Antigua to ignore the alleged wrongdoing.

Reporting by Anna Driver, editing by Leslie Gevirtz

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