Skip to Content

Ex-CEO Could Get Out of Jail

***UPDATE FRIDAY, MARCH 22, 9:04 P.M.***On Friday a judge reduced Bruce Cole’s bond from $500,000 to $100,000.That means if Cole comes up with $10,000 cash, he could move out of the Randolph County jail and return to California. In exchange, Cole would sign an extradition order and agree to stay under house arrest in Beverly Hills.***ORIGINAL STORY, MARCH 14***The court addressed three issues Thursday. One is a request for a change of venue. The state advocated for St. Charles County because of the access to a wider population pool and larger airport. Lawyers for Bruce Cole want Kirksville in Adair County because they can keep the same judge.Another item was bond reduction. Prosecutors maintained Cole is a flight risk. They argued if he traveled across the U.S. border, especially into Mexico, he could slip past authorities after reaching international contacts. The defense pointed out Cole has been cooperative and surrendered his passport. Cole’s attorneys also asked the judge to keep relatives and federal witnesses from the trial, including investigators at the Securities and Exchange Commission. They also want Cole to appear in street clothes and ban TV cameras from the courtroom. The judge did not rule on any of the motions.

Article Topic Follows: News

Jump to comments ↓

ABC 17 News Team


ABC 17 News is committed to providing a forum for civil and constructive conversation.

Please keep your comments respectful and relevant. You can review our Community Guidelines by clicking here

If you would like to share a story idea, please submit it here.

Skip to content