Former Trump campaign chair Paul Manafort is proposing that the judge permit him to have a different bail bond arrangement. Maybe the house arrest came with an ankle monitor and is causing his skin to chafe a bit. Regardless, Mr. Manafort proposes a deal involving $12.5 Million in assets. That is a tidy sum, I don’t care who you are. On Monday the Judge will consider the proposal including the areas he is allowed to go.
As Written By Kevin Daley for the Daily Caller:
Former President Donald Trump campaign chairman Paul Manafort will seek more favorable release terms Monday, after a federal court confined him to his Alexandria, Va., home while awaiting trial for twelve criminal charges.
Manafort surrendered to the FBI Oct. 30 after special counsel Robert Mueller secured a set of indictments against him for various white-collar crimes. He was released shortly after his arraignment before U.S. Magistrate Judge Deborah Robinson, where he pleaded not guilty to all counts.
By the terms of the current bail package, Manafort was released on house arrest and a $10 million unsecured appearance bond. Pretrial protocol requires a defendant on house arrest to submit to continuous electronic monitoring. He also surrendered all travel documents in his possession.
Manafort’s lawyers suggested new terms in a Saturday filing, seeking an end to house arrest by volunteering a considerable portion of his net-worth as bail. Manafort pledged a combination of real estate and insurance assets as bail, offering two properties in New York City, a third in Palm Beach Gardens, Fla., and life insurance policies held in trust or in his wife’s name. The proffered assets total $12.5 million. He also offered to restrict his travel to Washington D.C., Virginia, Florida, and New York, all locales where he owns homes and has ……..
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