Posted 4/14/2014 12:00 am
The trial of Steve Standridge, the former insurance agent from Mount Idea, which was scheduled to start April 3 in El Dorado, has been delayed until Sept. 8.
That’s the case brought in November by federal prosecutors for the Western District of Arkansas, where Standridge is charged with 23 counts of wire fraud, mail fraud, money laundering, bank fraud and making false statements.
Standridge is separately charged with 12 federal felony charges related to alleged bank fraud in the Eastern District, and that trial is scheduled to start on July 14.
But the motion that Standridge’s lawyer in the Western District case, Louis L. Loyd of Malvern, filed to get the trial postponed suggests there may be no trials at all because “the U.S. Attorney’s office and the Defendant are in negotiations to attempt to reach a global disposition.”