U.S. District Judge Cathy Seibel denied Zherka’s attorneys’ request to release him on $2.5 million bail, referring to Zherka’s alleged “contempt for the legal system” and extensive assets that make him a potential flight risk, according to LoHud.
If Zherka is convicted of the multiple charges against him of tax fraud, wire fraud, falsifying loan applications and witness tampering, he could be sentenced to 300 years behind bars.
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