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Allen Stanford Will Not Testify in Ponzi Trial

The defense has rested its case in the fraud trial of Texas financier Allen Stanford without calling him to testify in his own defense. That means the case in what prosecutors call one of the biggest financial frauds in U.S. history could go to the jury by Wednesday afternoon. The decision is a calculated gamble by defense attorneys, who had told jurors at the outset of the trial that Stanford would take the stand. See CNBC report here.

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