Marsh Wants Bail Terms Eased In $20M Fraud Case

Law360, New York (December 8, 2010, 4:13 PM EST) -- Accused swindler Kenneth Marsh is challenging a magistrate judge’s decision to impose additional bail requirements that prevented the head of investment company Gryphon Holdings Inc. from leaving prison and preparing a defense in the $20 million fraud case.

On Tuesday, Marsh urged Judge Jack B. Weinstein of the U.S. District Court for the Eastern District of New York to review Magistrate Judge James Orenstein’s bail determination, which barred the embattled investment adviser from putting frozen assets toward his $2 million bond, keeping him in prison....
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