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June 28, 2006

Kirk Wright Criminal Trial

The criminal trial of Kirk Wright, for one count of mail fraud -alleging mailing a false statement to investor Steve Atwater, continues on July 10th, 2006 with the hearing of the SEC's motion regarding varying the pretrial release order. Recall, that when Wright was arrested in a Miami, he did obtain bail conditional upon a payment of $1,000,000 and that the funds for bail come "from a legitimate source". The conditions for the surety bond have not been met, according to the SEC's submission.

Technorati Tags: mail fraud, surety bond, steve atwater, pretrial release, legitimate source, sec, submission, kirk wright

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