Tom Barrack, a former campaign adviser to former President Donald Trump, is set to get out of jail after reaching a bail agreement with prosecutors ahead of his trial on foreign lobbying charges, CNN reported Friday.
Citing the U.S. Attorney’s Office in Brooklyn, N.Y., the news outlet reported that Barrack would be released on a $250 million bond, which is “reportedly secured by at least $5 million in cash.”
A federal magistrate judge approved the agreement. The judge is also requiring Barrack to wear a bracelet used to monitor his GPS location, according to CNN.
The report also noted that the judge ordered Barrack to appear in court for his arraignment on Monday, and he can only travel to New York and areas of southern California, and cannot transfer money outside the U.S.”
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Barrack was arrested on Tuesday and faces several charges in connection with allegations that he was working on behalf of the United Arab Emirates as an undisclosed foreign lobbyist and sought to influence “the foreign policy positions of the campaign of a candidate in the 2016 U.S. presidential election and, subsequently, the foreign policy positions of the U.S. government in the incoming administration, as well as seeking to influence public opinion in favor of UAE interests.”
Additionally, Barrack also faces charges of obstruction of justice and making false statements during an interview with federal law enforcement agents in 2019, according to the report.
