Accused swindler Allen Stanford will remain in a Texas jail overnight after a U.S. judge on Thursday delayed allowing him to post bond because the U.S. government opposed it.

U.S. Magistrate Judge Frances Stacy had approved a plan for Stanford to pay $500,000, including a $100,000 cash deposit, that would allow Stanford to walk free until his trial begins in August.

Judge Stacy then stayed the issuance of Stanford's bond after the U.S. government objected on the grounds that Stanford is a flight risk.

(Reporting by Anna Driver and Eileen O'Grady; editing by Carol Bishopric)