$2.2M Bail Posted By Top Repub. Lobbyist Indicted For Wire Fraud…

Washington Post :

The indictment this week of lobbyist Jack Abramoff in a wire fraud case here could provide an important boost to federal investigators in Washington examining the prominent Republican's activities to influence Congress and the Bush administration on behalf of Indian tribes and other clients, people with knowledge of the case said Friday.

Abramoff was released from a federal correction center in Los Angeles on $2.2 million bail Friday after he and a business associate were indicted here on charges of conspiracy and wire fraud in applying for loans in the purchase of a Florida-based casino cruise-ship company that later fell into bankruptcy.

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