Jailed Texas Billionaire Hospitalized After Fight

Allen Stanford, right, arrives at federal court with an unidentified prisoner, for a hearing...

Allen Stanford, right, arrives at federal court with an unidentified prisoner, for a hearing sporting hand cuffs, leg irons and an orange jumpsuit in Houston, September 15, 2009. Stanford faces civil and criminal fraud charges related to a suspected Ponzi scheme which prosecutors claim funded his luxurious lifestyle.

(Richard Carson/Reuters)

A U.S. Marshals Service spokesman says jailed Texas billionaire R. Allen Stanford is being treated at a hospital after being injured during a fight with another inmate.

Deputy U.S. Marshal Alfredo Perez said Stanford was being treated Friday after a Thursday altercation at the private Joe Corley Detention Facility in Conroe about 40 miles north of Houston.

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Perez says the 59-year-old's injuries aren't life threatening but declined to discuss details of the altercation. He says the incident is under investigation.

Stanford attorney Kent Schaffer says he hadn't talked with his client as of Friday evening but had been told the injuries aren't serious.

Stanford is charged with bilking investors of the now defunct Stanford Financial Group of more than $7 billion.

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