So how high a bail would it take to ensure a Texas man — accused of being the leader of an illegal international gambling operation — returns to court?
A federal magistrate on Friday decided $2.5 million was sufficient — as long as the bail is posted all in cash.
“I believe you have money stashed away,” U.S. Magistrate Shon Erwin told the defendant, Bartice “Luke” King, at the conclusion of a detention hearing in Oklahoma City federal court.
King, 42, also was ordered not to leave his home in Houston, if he is released, except for medical reasons or to go to court.
Prosecutors are challenging the decision and have asked another judge to block the release.
They contend King is a flight risk and should be denied bail.
King is accused of being the leader of an illegal bookmaking business known as Legendz Sports.
He, his wife and 32 other people were indicted in March.
Eight of the defendants are from Oklahoma.
He was arrested in April after the indictment was made public and he flew back to Houston from Costa Rica.
“Legendz Sports solicited millions of illegal bets totaling over … one billion dollars on sports and sporting events from gamblers in the United States, 24 hours a day, 365 days a year,” grand jurors alleged in the indictment.
Continue reading this story on the...