Zimmerman to Be Freed on $1M Bond

It's a big jump from his previous $150K bond
By Kate Seamons,  Newser Staff
Posted Jul 5, 2012 10:48 AM CDT
George Zimmerman enters the courtroom before he appears before Circuit Judge Kenneth R. Lester, Jr. Friday, June 29, 2012, during a bond hearing.   (AP Photo/Orlando Sentinel, Joe Burbank, Pool)

(Newser) – Good news for George Zimmerman: The judge in his case today decided to let him out on bond rather than keep him in jail. The less rosy news: That bond took a big jump, to $1 million, reports the Orlando Sentinel. Judge Kenneth Lester last month revoked Zimmerman's $150,000 bond after prosecutors revealed that Zimmerman and his wife were less than truthful about how much money they had during an April bond hearing.

Lucky for Zimmerman, his legal defense fund's balance is $211,000, says his lawyer, meaning he has access to the 10% portion most bonding companies charge. The Sentinel wasn't sure how soon he would be released.

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