The Spinka Rebbe who was indicted with 5 others for tax fraud and money laundering had his bail set at $2 million and is currently out on bail. The arraignment of the six defendants named in the indictment is scheduled for Dec. 31. One of the defendants, Joseph Roth, the assistant manager of the Israel-based Mizrahi Bank had his bail set at 1.9 million by U.S. Magistrate Judge Stephen Hillman but the Judge then delayed granting bail until the government could appeal his decision. Roth will have to remain in federal custody until at least Jan. 4, pending the district judge's decision on Hillman's ruling.
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