LONDON, June 30 (UPI) -- The Serious Fraud Office in Britain said it had frozen the assets of accused Texas billionaire Allen Stanford at the request of U.S. authorities.
Stanford, charged with a $7 billion investment scam in the United States, pleaded not guilty at a court appearance in Houston last week. Authorities say Stanford cheated investors by promising extravagant returns on certificates of deposit sold through his bank in Antigua.