James Fayed, e-bullion Bail Hearing Next Week
Los Angeles, CA—James Michael Fayed, 45 is still in the Metropolitan Detention Center being held on a single low grade felony charge for operating his gold trading company without a license…….
Paul H. over at CrimeFileNews is now telling us that next week is a new bail hearing for the owner of e-bullion.
Since there are no charges yet against Mr. Fayed in the murder case, the judge could now set a new bail. Paul says,
Statistically this murder investigation is unlikely to result in and Indictment with each passing day. However as long as Fayed is behind bars there is no rush to seek an Indictment for murder charges. Without murder charges somewhere on the horizon Fayed must be allowed to obtain release on bail. This wrangling over the pre-trial release will certainly end over the next 45 or 60 days. Right now it’s anyone’s guess just how this will play out.
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