Reports of a quarter billion dollar ‘bond’
for Bankman-Fried are almost as fraudulent
as the crimes of which he is accused
American Thinker,
by
Thomas Lifson
Original Article
Posted By: PageTurner,
12/23/2022 9:05:38 AM
The public is being bamboozled about the conditions for pretrial release of accused mega-fraudster Sam Bankman-Fried.
It is the worst possible signal to those who fear that his scores of millions of dollars of political donations have bought him kid-glove treatment by the judicial system.
The stories you read and hear from the media would have you believe that a “record” bail of $250 million has been paid to ensure that he doesn’t flee the country or otherwise evade prosecution. Where that figure comes from, I don’t know, but this account from The Hill suggests that the federal prosecutors from the Southern District of New York had a hand in it:
Reply 1 - Posted by:
BarryNo 12/23/2022 9:15:14 AM (No. 1363216)
Sounds like we need a RICO investigation of Southern District, New York.
15 people like this.
Reply 2 - Posted by:
bamapreacher 12/23/2022 9:16:16 AM (No. 1363218)
I wonder if this guy will live to see the new year. He knows too much, such men are dangerous to democrats.
10 people like this.
Reply 3 - Posted by:
olrtex 12/23/2022 9:28:45 AM (No. 1363229)
Ladies and Gentlemen, may I present to you the quintessential pajama boy in Mommy's basement!
17 people like this.
Reply 4 - Posted by:
Quigley 12/23/2022 10:26:04 AM (No. 1363276)
One has come to expect inaccurate information in the media’s rush to report.
Now we come to expect fantasy loosely based on a true story.
I wonder whose fantasy it is and whether it involves bed wetting.
2 people like this.
Reply 5 - Posted by:
zephyrgirl 12/23/2022 10:32:13 AM (No. 1363283)
The Daily Mail reported the following interesting nugget: "The agreement is a recognizance bond signed by Bankman-Fried's parents and two other individuals with 'considerable' assets."
I wonder who the "two other individuals" are.
11 people like this.
Reply 6 - Posted by:
bighambone 12/23/2022 11:09:34 AM (No. 1363309)
That Democrat “woke” political contributor stole billions of dollars from his depositors. Before the midterm election he handed an undetermined amount of that money, well over 40 million dollars to Biden, to leftist Democrat politicians, and a few RINOS who are known to cave to the Democrats. After the big ripoff of depositors became known and public, that big Democrat contributor agreed to testify before a Congressional Committee about the demise of his financial endeavors. Clearly the Democrats did not want him to testify before that committee where they recognized he would be grilled for hours by the Republicans about his political contributions. The Democrats, who run the US Department of Justice, then no doubt had the Democrat dominated US Attorney’s Office for the Southern District of New York quickly indict that “ham sandwich” and have the Bahamas authorities take him into custody thereby putting him “on ice” and unavailable to testify before that Congressional Committee. A covert deal, no doubt, was then quickly worked out among the Democrats and that Democrat contributor’s legal representatives, obviously who are also Democrats, to have him essentially voluntarily come back to New York where he would appear before a liberal Democrat magistrate judge and immediately be released on bond, with the amount of collateral actually being posted by that Democrat contributor not being clear at all, even through the supposedly know it all liberal media, which indicates that he probably did not have to post any collateral at all, just sign a paper to the effect that he would return to court at some future date.
You would have to be an idiot to believe that such a huge Democrat political contributor was not handled “special” and at the top end of the very obvious duel system of Justice that prevails in the USA these days, as if he were a similar Republican donor there is no doubt that he would have been detained in some lousy federal lock up for a couple of years before he ever even went to trial. Don’t be surprised if in the future it becomes known that big Democrat political contributor has covertly decamped to some foreign country that will not extradite criminals back to the USA, to live the good life, supported by hundreds of millions of stolen dollars in foreign bank accounts.
3 people like this.
Reply 7 - Posted by:
Dreadnought 12/23/2022 1:48:50 PM (No. 1363416)
Per today's WSJ his parents' home near Stanford University is valued at $4 million. The bond was said, by the judge, to be cosigned by " four financially responsible peoole, including one nonfamily member."
1 person likes this.
Reply 8 - Posted by:
lakerman1 12/23/2022 1:52:50 PM (No. 1363419)
Chelsea Clinton's husband, Mark Medzvinsky, set up a hedge fund, vlew through 199 million dollars, ran it fry, and the Southern District was not interested.
Makr's father, former congressman, scammed friends and family out of millions, went to prison, but the Southern District took Mark's word that he never noticed his dad was using his, mark's stock account to launder the scam money,
Hunter Biden and his Uncle Jim, with zero experience in hedge funds, set one up, bled it dry, and when investors complained to the Southern District, the Southern District said it was a civikl matter, not criminal.
If there ever was a reason to deny bail, this was it. The mop-headed spoiled brat could disappear in a new york minute, and has strong reasons to do so.
3 people like this.
Reply 9 - Posted by:
Enoch Powell 12/23/2022 1:54:14 PM (No. 1363421)
People have called the democratic party a criminal enterprise. Is the judge a democrat? No doubt. Are the judge and the fraudster Jewish? No doubt. Is there also an element of Jewish solidarity here, to put it nicely?
0 people like this.
Reply 10 - Posted by:
Zeek Wolfe 12/23/2022 2:52:55 PM (No. 1363447)
Bankman-Fried was quickly arrested BEFORE he could blab about donations to Democrat politicians. Deep State slime continues to ooze.
1 person likes this.
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Fakey, fakey, fakey, same as SBF, who donates to Democrats. Would these be the same parents who own the Bahamas palace?