Disgraced Former Billionaire Allen Stanford May Testify Today

Former billionaire Allen Stanford may testify later today in federal court in Texas in his trial on accusations that he ran a $7 billion Ponzi scheme, the Houston Chronicle reports.

TPM detailed earlier today how Stanford’s defense team said it is getting stiffed out of as much as $1.9 million by the federal court system while they help the former cricket mogul fight the charges.

The Chronicle’s T.L. Langford is tweeting live from the courtroom.