A federal judge in Los Angeles on Friday ordered the release on a $250 million bond of Thomas Barrack, the private equity investor charged with illegally lobbying his close friend ex-President Donald Trump for the United Arab Emirates.
The order requires the release bond — which is among the highest ever set in the world — to be secured by $5 million cash.
It also includes restrictions on Barrack, who will be fitted with an electronic bracelet, GPS monitoring, in addition to being subject to a curfew and to the surrender of his passport. Barrack was identified as a billionaire on the Forbes richest list in 2013, but since then has not appeared on that roster.
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Trump friend Tom Barrack ordered released on $250 million bond https://t.co/we4CTSCLkb
— Kevin Breuninger (@KevinWilliamB) July 23, 2021