Zimmerman gets $1 million bail
by grimgraphix - 7/5/12 11:46 AM
The judge overseeing the Trayvon Martin case in Florida set bond for George Zimmerman at $1 million Thursday after hearing arguments last week that Zimmerman and his wife tried to conceal donations for his case.
It was unclear how quickly Zimmerman could post the bond and be released from jail.
The judge's order said that the new $1 million bond was not a punishment but an amount that assured the court that Zimmerman would not abscond. Zimmerman has the funds to pay for his release, the court said.
He will not have to post the full amount. The standard in Florida is 10%, so Zimmerman would have to post $100,000 to meet the requirement for bail.