HOUSTON -- A federal judge has delayed releasing Texas billionaire R. Allen Stanford on bond until he can review a decision to allow the accused financier to be free until he is tried on charges he swindled investors out of $7 billion.

U.S. District Judge David Hittner granted a prosecution request Friday to delay a magistrate’s order a day earlier that granted Stanford a $500,000 bond.

Hittner ordered a hearing be held on Monday to listen to arguments on whether Stanford’s bond should be revoked.

Prosecutors argue Stanford, who has ties to Antigua and access to money, is a flight risk. But his defense attorney says those claims are overexaggerated and his client doesn’t want to flee but stay and clear his name.