Judge sets Ceglia’s bond at $250K

Brian Quinn

?A federal judge in Manhattan Wednesday, Oct. 31, set a $250,000 bond for the Wellsville man charged with mail and wire fraud in a lawsuit against Facebook.?

A phone conference took place between federal court in Buffalo and the Southern District of New York in Manhattan, where U.S. District Judge Colleen McMahon made her ruling.

?"The judge from the Southern District (McMahon) essentially removed the bond for $21,000 cash and heightened the requirement to $250,000 bond, to be secured by property,”?said Assistant Federal Public Defender Daniel P. Greene, whose office had handled Ceglia’s defense for the last few days, since his arrest Friday.

?“Obviously (it’s) a lot more money, but the use of property then ties Paul back to the community,”?Greene said.

?The $21,000 bail was set?Friday by Magistrate Judge Jeremiah McCarthy in federal court in Buffalo.

"The government sought a stay of the judge’s (McCarthy’s) decision, holding it over for review in the Southern District,”?Greene said.

"When the judge (McMahon)?reviewed it, she decided instead of that requirement, she would impose the $250,000 property bond.?"Anytime bail is possible or is offered, it's better than the indefinite detention of a defendant throughout the life of a criminal case," he said.

?No information as to whether Ceglia posted bond was available Wednesday.

 The U.S. Attorney’s Office in Buffalo said if Ceglia posted bond, he would be released on electronic home monitoring.?

Greene said he appeared in court Wednesday as a courtesy, as the case will be handled by the U.S. Public Defender’s Office of the Southern District.?"It's no longer my case at this point,”?he said. “Someone from that office also appeared on his (Ceglia’s) behalf.”