Posts Tagged ‘Electronic Monitoring’

Julian Tzolov apprehended by Department of Justice

(Bloomberg) — Julian Tzolov, the fugitive former Credit Suisse Group AG broker who was charged with bail jumping, has been arrested, Assistant Brooklyn U.S. Attorney Daniel Spector said in a letter to court filed today. Authorities in Marbella, Spain have taken Tzolov into custody following an international manhunt after he disappeared in New York in May.

Tzolov, who’s accused of fraudulently selling clients subprime mortgages linked to auction-rate securities, was declared a fugitive in June.

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Marc Drier Likely To Remain In Jail

Marc Dreier, the New York lawyer jailed since his arrest for allegedly cheating hedge funds, won’t be able to post the $20 million bond that would free him, his lawyer told a federal judge.

U.S. Magistrate Judge Douglas Eaton in New York yesterday modified an earlier ruling that ordered Dreier held without bail until trial.

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