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Dreier Heads Back to Home Sweet Guarded Home
By
Jen Chung
Published Feb 12, 2009
Modified Feb 12, 2009
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By
Jen Chung
Published Feb 12, 2009
Modified Feb 12, 2009
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Marc Dreier, the attorney who once had a firm of hundreds and now stands accused of a $380 million fraud, was allowed to go home on $10 million bail. He will be "forced" to stay in his, Bloomberg News notes, "luxury East-Side Manhattan apartment, watched by armed guards around the clock and subject to electronic monitoring and other precautions to ensure he doesn’t flee." One interesting detail reported by the Daily News: "Manhattan Federal Judge Jed Rakoff clarified the conditions for Dreier by emphasizing that his Feb. 8 order doesn't prohibit 'lethal force' to subdue a fleeing Dreier." Which means the guards, that Dreier must pay for, can use their guns to shoot at him if he tries to escape!
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fraud
house arrest
Marc Dreier
Jen Chung
Jen Chung is a former WNYC and Gothamist editor.
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Gothamist is funded by sponsors and member donations
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