Trump Inaugural Committee Chair To Be Released On $250M Bail

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FILE - This photo from Thursday Jan. 19, 2017, shows Inaugural Committee chairman Tom Barrack speaks at a pre-Inaugural "Make America Great Again! Welcome Celebration" at the Lincoln Memorial in Washington. Barrack, chair of former President Donald Trump's 2017 inaugural committee, was arrested Tuesday, July 20, 2021 in California on charges alleging that he and others conspired to influence Trump's foreign policy positions to benefit the United Arab Emirates. (AP Photo/David J. Phillip, File)

LOS ANGELES (AP) — The chair of former President Donald Trump’s inaugural committee who faces charges he secretly worked as an agent for the the United Arab Emirates to influence Trump’s foreign policy was ordered released from jail Friday on $250 million bail.

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Tom Barrack, 74, who was arrested Tuesday in Los Angeles near where he lives, was among three men charged in federal court in Brooklyn, New York, with conspiring to influence U.S. policy on the UAE’s behalf during Trump’s 2016 campaign and while he was president.

Barrack, who founded the private equity firm Colony Capital, used his long personal friendship with Trump to benefit the UAE without disclosing his ties to the U.S. government, prosecutors said.

U.S. Magistrate Judge Patricia Donahue in Los Angeles federal court ordered strict conditions for Barrack’s release. He must surrender passports, wear a GPS-monitor to track his whereabouts, limit travel between Southern California and New York City and obey a 10 p.m. to 6 a.m. curfew.

Barrack is charged with conspiracy, obstruction of justice and making multiple false statements during a June 2019 interview with federal agents. Matthew Grimes, 27, a former executive at Barrack’s company from Aspen, Colorado, and Rashid al Malik, 43, a businessman from the United Arab Emirates who prosecutors said acted as a conduit to that nation’s rulers were also charged in the seven-count indictment.

Grimes was ordered released on $5 million bail.

Barrack has not entered a plea in the case, but a spokesman said he would plead not guilty.

Barrack is one of several of the former president’s associates to face criminal charges, including his former campaign chair, his former deputy campaign chair, his former chief strategist, his former national security adviser, his former personal lawyer and his company’s longtime chief financial officer.

Barrack raised $107 million for Trump’s inaugural celebration, which was scrutinized both for its lavish spending and for attracting numerous foreign officials and businesspeople looking to lobby the new administration.

Barrack and Grimes were ordered to appear Monday in a Brooklyn federal court for arraignment.


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Santas Helper
Santas Helper
2 years ago

Why only 250 million? It should be 250 BILLION!,,

Trump 2024,2028
Trump 2024,2028
2 years ago

Barrack should have stayed in jail and instead used the $250 million bail money to bail out the hundreds of political prisoners in jail for attending the Stop the Steal event on January 6th. Selfish of him not to do that.

Iceman
Iceman
2 years ago

Whats Hunter’s bail being set at? Lets not forge sleepy Joe.

Yetta Allen
Yetta Allen
2 years ago

P.T. Barnum said “a fool and his money are soon parted.” Barnum was never arrested.

Jay
Jay
2 years ago

150M bail when nobody was hurt, nobody lost money, just some legality hogwash. Did these judges and prosecutors lose their mind??? What a crazy world we live in. Total dirty politics.

Was a Democrat until I saw the light
Was a Democrat until I saw the light
2 years ago

Here we go again. Democrats trying to keep republicans off balance. Otherwise Landslide republican win
Inflation up, unemployment going back up,
Crime on the rise inflation record highs in every sector and a president who doesn’t remember he’s president. What else do they have same old story that was debunked

Educated Archy
Educated Archy
2 years ago

His only crime is that he worked for Trump. This is the new crime of the century