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Thomas Barrack to Be Released on $250 Million Bond

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thewrap.com

CNBC, the order mandates that Barrack will be fitted with an electronic GPS bracelet, will be subject to a curfew and will have to surrender his passport.

Additionally, he is barred from spending more than $50,000 on anything or transferring any funds overseas.The bail package was announced during Barrack and co-defendant Matthew Grimes' hearing in Los Angeles federal court Friday.

Barrack, a close friend of Trump's, was part of Trump’s 2016 campaign and later pushed for policies that would benefit the UAE.

At one point, he even talked to the former president about appointing himself as an ambassador to the country.Grimes was ordered released on Friday on a $5 million bond.

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