Defense begins presenting its case in R. Allen Stanford trial

Defense lawyers for jailed financier R. Allen Stanford began trying to paint a portrait of him that would refute the one outlined by government prosecutors over the last three weeks. Instead of a highflying con man who bilked investors to the tune of $7 billion, Stanford’s lawyers portrayed their client as a business visionary intent on remaking the island of Antigua into a safe and secure haven for offshore banking.

via Defense begins presenting its case in R. Allen Stanford trial – NYPOST.com.