4th MegaUpload Defendant Granted Bail
By Jeralyn, Section Crime in the News
Posted on Tue Feb 14, 2012 at 10:02:37 PM EST
Tags: MegaUpload (all tags)
Posted on Tue Feb 14, 2012 at 10:02:37 PM EST
Tags: MegaUpload (all tags)
Mathias Ortmann, the only MegaUpload defendant besides Kim DotCom who remained in jail, was granted bail today, over objections by the Crown. Ortmann is a German citizen. There is no extradition treaty with Germany. He was released on home monitoring, and will live with co-defendants Bran van der Kolk and Finn Batato.
The holdup in the decision was that the FBI alleged a $2.5 million discrepancy in his income. Prosecutors said Ortmann earned $14.5 million from MegaUpload between 2005 and 2010, and $2.5 million in 2011. But his accounts show $20.5 million income instead of $17.5 million. The Judge wanted an accounting of the $2.5 million. His lawyer said it came from trading profits.
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