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Singh offered to pay financier's bond

Updated: June 26, 2009, 2:11 PM ET
Associated Press

HOUSTON -- Vijay Singh has offered to help pay the $500,000 bond for financier Allen Stanford, but federal rules would not allow it because the three-time major champion is not a U.S. citizen.

Stanford's attorney indicated in court Thursday that Singh, who is from Fiji, offered to sign for a portion of the bail. Prosecutors are appealing the decision to set bail for Stanford, who is accused of swindling investors out of $7 billion.

Stanford has pleaded not guilty to the charges.

Singh ...

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