|St. George Businessman Jeremy Johnson Expected to Post Bail in Mail Fraud Case|
by Morgan Skinner|
(Salt Lake City, UT) - The Salt Lake Tribune is reporting that Nathan Crane, a court appointed attorney for St. George businessman Jeremy Johnson and US attorneys are apparently close to an agreement that would allow Johnson to post bail and be released from jail pending a trial on mail fraud charges. The agreement, expected to be finalized over the weekend, would provide for a multi-million dollar bond, substantially more than a previous amount of $1.2-mllion turned down by US Magistrate Judge David Nuffer.
Neither, US Attorney Brent Ward or Crane would say how much the bond would be although Crane told the Salt Lake Tribune after a Friday hearing, the amount would be substantially more than the previous bond amount. The proposed bond would consist of the equity in homes and property of relatives and friends of Johnson, according to the tribune report which said a hearing is set for Wednesday to consider the proposed new agreeemnt.
Johnson has been held in the Davis County jail since being arrested in June at Phoenix Sky Harbor International airport by federal agents and extradited to Utah on a single charge of mail fraud associated with iWorks, an internet marketing company owned by Johnson.
The Federal Trade Commission sued Johnson and scores of interrelated Internet companies operating from St. George, Utah claiming they victimized hundreds of thousands of consumers by charging their credit cards and debit cards without authorization.
Originally published September 9, 2011
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