Minot man sentenced to federal prison for drug, gun, money laundering

BISMARCK – A 37-year-old Minot man was sentenced Monday, March 18, to more than 12 years in federal prison after being convicted on drug, gun and money laundering charges.

Dennis Allen Corwin was the leader of a ring distributing meth in the Minot and Bismarck area, according to a news release from the U.S. Attorney’s Office.

When he was arrested in Bismarck, authorities found approximately five pounds of meth and 30 firearms in his vehicle and shop in Minot. The drug ring had transported more than 70 pounds of meth from Mexico to North Dakota.

He was convicted on charges of conspiracy to distribute and possess with intent to distribute a controlled substance; distribution of a controlled substance; possession of a firearm in furtherance of a drug trafficking crime; possession or sale of stolen firearm; possession of firearms by a prohibited person; possession of a short-barreled shotgun; and laundering of monetary instruments, the U.S. Attorney’s Office said.

Corwin will be on supervised probation for five years following his release from prison.

How Wells Fargo Uses AI, Biometrics To Fight Money Laundering

Digital banking customers of today aren’t looking for the bank with the newest features — they’re looking for the bank that can keep their data safe. Any security mishap can send customers to one of the other digital banking apps that are ready and waiting for them.

In the new Digital Banking Tracker™, PYMNTS examines the ways digital banking is changing as security measures grow more stringent, and challenger banks look to amass more customers.

Around the Digital Banking World

One such brand looking to expand within the next year is German challenger bank N26, which is seeking to branch out of its native Europe and into the United States. Following a funding round of approximately $300 million, the fully digital bank is aiming to compete with both U.S. incumbents and challengers by the end of 2019. The challenger’s expansion comes as banks around the world are launching platforms of their own, including financial institutions (FIs) in Thailand and the Philippines.

Thailand’s United Overseas Bank, for one, is opening a fully digital brand this year called TMRW. The digital bank is designed to target millennial consumers who are more comfortable using digital services, and comes equipped with live chat features to support digitally native conversations.

Meanwhile, several global scandals have brought the importance of anti-money laundering (AML) protections to the forefront. The more than $220 billion money laundering scandal involving Estonia-based Danske Bank continues to affect the global banking world. Several banks, including Germany’s Deutsche Bank, are caught in the crossfire, with their own AML protections coming under scrutiny from German regulators.

Tapping into Emerging Tech: How Wells Fargo is Fighting Fraud

To protect against the rise of money laundering and digital fraud hammering banks, many are turning to new technologies to stem the tide. Wells Fargo, for one, is using artificial intelligence (AI) and biometric authentication tools in combination to track patterns that human analysts overlook, according to Chuck Monroe, head of AI enterprise solutions for Wells Fargo.

“We’re using AI to go through and look across the internet, including the deep dark web, [for] signals that would apply to a particular AML situation,” Monroe said in a recent interview with PYMNTS. “There are lots of opportunities in the AML space to leverage AI to look much [deeper], because no human could do that level of investigation.”

To learn more about how Wells Fargo is using AI and biometrics for AML, take a look at the Tracker’s feature story.

Deep Dive: Digital Banking and Anti-Money Laundering

As the banking world gets more digital and interconnected, many banks are starting to worry about money laundering. Take the banks that were engaging in routine business with Danske Bank, for example. Several of those banks are now being examined by regulators to ensure that they’re staying compliant with AML rules to keep launderers out.

That said, the digital banking world is expanding quickly, which means that banks across the globe need to keep a careful eye on the methods they’re using for AML and other fraud protections. To find out how banks are upgrading their security, take a look at the Tracker’s Deep Dive.

About the Tracker

The Digital Banking Tracker™, in collaboration with Feedzai, brings the latest news, research and expert commentary from the FinTech and consumer banking space. It also includes a provider directory that features the rankings of more than 250 companies serving or powering the digital banking sector.

Crypto Activist and Bitcointopia Founder Pleads Guilty to Charges: Land Fraud, Money Laundering

By Bitcoin Exchange Guide News Team

The way to bitcoin-utopia is laden with regulatory issues and scam artists. In a recent confession, Morgan Rockoons the founder of Bitcointopia and a well-known crypto activist has conceded to both charges against him in two bitcoin-related cases.

He had been charged with an illegal wire transfer as well as being party to a real estate scam venture.

What was going on with money laundering?

In early 2018 Morgan Rockoons was under the microscope as the government came down heavily on him for money laundering. As such activities make traceability of money extremely hard and raise fears of funding criminal activities, this is considered pretty serious and dealt with appropriately.

When the case came out, news outlets were projecting this as a test case to see how far the judiciary of the land was willing to loosen the leash and allow cryptocurrency advocates to trade in fiat currency.

However, the events that transpired seem to suggest this has little to do with Crypto and more with a trader not following clearly laid down rules. According to the officials, Morgan Rockoons was running his operation without the requisite license and not following protocol. He is alleged to have transferred “about $9,200 in bitcoin to the agent for $14,500 in cash, taking the remainder as a transaction fee”.

That is exactly what the recent plea also seems to bring into focus; that the whole case had more to do with business fraud than any precedent-setting cryptocurrency case. This appears to be a simple case of a business being charged for money transmission violations without a proper financial license.

The Bitcoin City dream in ashes

At the time of his arrest, Rockoons was rather boisterous and was playing up his crypto credentials. After being released on bail he had started pushing the blockchain agenda more. And one of the ventures he advocated was a plan to start an idealistic community. He quickly went about advertising this “Bitcoin City”.

Soon all his channels and associates were pushing for this, a Disneyland-Ishq venture. To this end, the Bitcointopia Inc was launched giving everyone the impression Morgan Rockoons was a visionary and futurist.

However, this all came crashing down when he was arrested again. This time the prosecution alleged that the whole scheme was a fraud. Rockoons and his partners had pushed to sell almost a 1000 acre of undeveloped land in Elko County, Nevada to build a city centered around automation and blockchain technology.

As facts came out it became apparent that most of this was federally owned land with only about 10 odd acres in the embattled CEOs or his company’s name. In January, he seemed to be more combative, twitting:

” I am going to court on Monday at 2 PM, in room 4A, if you support me and my mission to protect Bitcoin & build a Bitcoin City please come to court and show support, it would mean the world to me, PS, Jail Sucks, Love Morgan, From FEDERAL PRISON XO”.

Yet that fire seems to have been extinguished in a little over a month as on the 8th of this month he pleads guilty to both charges of wire and land fraud.

As this publication has repeatedly stated, the actions of individuals cannot and should not reflect on the technology. Unlike men ideas are incorruptible. The idea of a freer and more transparent future should not get muddled by the actions of someone.

Weather Rockoons actions were deliberate or misinformed if a law has been broken and a fair trial has ensued then punishment should ensue.

Three Anti-Money-Laundering Trends Financial Institutions Should Know In 2019

By Tony Raval

As criminals become more sophisticated at performing money laundering activities, regulators are increasing their commitment to anti-money-laundering (AML) compliance. For banks, this means they must work diligently to maintain AML compliance amid a sea of growing regulation. It is now more important than ever to remain on top of AML compliance measures within institutions. In this article, we will explore three of the key anti-money-laundering trends and challenges for 2019.

1. AML Compliance For Cryptocurrency Becomes Standard

Global cryptocurrency adoption will continue to expand in 2019. This is causing regulatory bodies to work diligently to create AML standards for cryptocurrency companies. In 2018 we saw the release of the Fifth AML Directive in the EU, which created regulatory obligations for crypto exchanges. The Financial Action Task Force (FATF) will also be releasingspecific international AML standards for crypto companies in mid-2019. As more governments acknowledge the role of cryptocurrencies in the financial system throughout the year, crypto companies will need to become serious about maintaining AML compliance.

Many crypto companies are realizing that regulations are necessary in order to keep expanding the cryptocurrency market. Regulations are not something they can avoid, and crypto companies are going to have to deal with them. As one crypto company executive put it, “One cannot exist without the other.”

2. AML Becomes Automated As False Positives Continue To Increase

The number of people with access to financial services has steadily increased over time. Financial technology (fintech) is facilitating financial inclusion in previously underrepresented populations around the world, leading to an increase in consumer adoption of financial technologies and services, especially from fintech disruptors. This is increasing the transaction volume financial institutions must monitor to maintain AML compliance.

Many financial institutions use outdated technology to run their AML programs. This technology leads to a high volume of false positives, which has adverse effects on banks. Not only does this add more friction to customers during onboarding and payment processing, but it also increases operational costs for financial institutions. As fintech disruptors continue to gain market share among consumers, many banks are shifting toward automated technologies to completely transform their AML procedures.

Expect to see fraud and risk departments in many financial institutions increase their adoption of AI and machine learning for AML monitoring. AI can detect patterns in large volumes of data as well as adapt to changes in criminal activity over time. Plus, many fraud management departments will likely add blockchain technology to monitor complex transactions in conjunction with AI technology. Since blockchain is a cryptographic ledger that is decentralized, secure and immutable in nature, it is an ideal technology for maintaining AML compliance. This means that building an AML system with AI on the blockchain will identify and stop suspicious transactions effectively with minimal friction and high efficiency.

Overall, these tools should increase the effectiveness of AML while also simplifying the process for many financial institutions.

3. Financial Institutions Work To Combat Identity Theft

With the number of data breaches reaching an all-time high in 2018, the amount of identity theft taking place in the global landscape is staggering. Criminals are using stolen identity information to create synthetic identities they then use to gain access to financial services to perform nefarious activities such as money laundering. These facts are making know your customer (KYC) an essential part of an overall AML strategy. It’s a part of the process financial institutions cannot ignore.

Regulatory technology companies are creating solutions that aim to make identity management much easier for financial institutions. Rather than relying on an internal team, financial institutions can now use identity verification solutions to quickly and efficiently verify customer identities during onboarding. Automated identity checks offer companies faster results, lower consumer friction and more accurate detection of high-risk individuals.

These technologies will help financial companies remain in compliance and avoid costly fines.

It is more important than ever to maintain AML compliance. With money laundering taking place in increasingly complex ways, the pressure is mounting for financial institutions to combat financial crime. For many institutions, increased regulations will cause them to refine their AML strategies. This will cause many fraud and risk assessment departments to use new technologies to combat money laundering within their institutions, from AI for transaction monitoring to identity verification solutions for KYC checks. These trends will shift the AML landscape in 2019 and lead to better risk management by financial institutions overall.

‘El Chapo’ renews U.S. law enforcement concerns about money laundering via prepaid cards

By Brett Wolf

NEW YORK (Thomson Reuters Regulatory Intelligence) – The recent trial of Mexican drug lord Joaquin “El Chapo” Guzman has reignited U.S. law enforcement officials’ concerns about the use of prepaid cards to launder proceeds of crime.

The purported abuse of prepaid cards by Guzman’s organization to move drug proceeds out of the United States, as depicted in the trial, was “definitely not shocking,” John Tobon, a senior official with Homeland Security Investigations (HSI), told Regulatory Intelligence.

While prepaid card providers are required to have anti-money laundering programs{here} and must report suspicious activity, there remains no requirement that individuals moving cards loaded with cash report the funds when crossing U.S. borders.

In 2011, the U.S. Treasury Department proposed a rule{here.pdf} aimed at forcing those moving prepaid cards loaded with more than $10,000 in or out of the country to declare the funds – just as a similar amount of cash or traveler’s checks would have to be disclosed under existing rules.

But Treasury’s Financial Crimes Enforcement Network (FinCEN), facing industry pushback, has not finalized the rule{here}.

During Guzman’s trial last month, the jury heard testimony that the Sinaloa Cartel led by Guzman used prepaid cards to move drug proceeds from New York to South America to pay for cocaine. The cards, loaded with proceeds of narcotics sales in the United States were transported overseas and the cash was withdrawn at ATMs, the jury heard.

The jury convicted Guzman of money laundering conspiracy and other crimes, and the money laundering witness testimony served as a reminder to law enforcement that FinCEN has not issued a reporting requirement.

U.S. law enforcement officials with Homeland Security Investigations (HSI), which probes cross-border money laundering schemes, consider FinCEN’s failure to enact a prepaid card cross-border reporting requirement problematic.

“I’ve been really fighting, getting into shouting matches with FinCEN personnel because it’s one of those things where the industry has really gone out of their way to thwart these rules,” HSI’s Tobon said.

FinCEN, which in 2016 told Regulatory Intelligence that the effort to develop a cross-border reporting rule for prepaid cards was “not dead,” did not respond to a request for comment for this story.

HSI continues to see prepaid cards used to launder money and the lack of a FinCEN rule on cross-border transport of the cards is “a significant vulnerability,” Kevin Tyrell, assistant special agent in charge with HSI in Miami, told Regulatory Intelligence.

While HSI officials are concerned about transnational organized crime rings smuggling cards loaded with dirty cash out of the country, such schemes do not always involve “mules” who carry the cards. In some cases, criminals simply mail prepaid cards with impunity, Tyrell said.

If U.S. authorities conduct an “outbound inspection” of packages at a mail facility and discover a package full of traveler’s checks, they can seize the instruments and investigate whether required reporting occurred, Tyrell said.

“But if they find a package full of prepaid cards, they still can’t do anything, they just have to let them go,” Tyrell said.

FATF Issues Preliminary Guidelines on Digital Assets to Combat Money Laundering

By Ana Berman

The Financial Action Task Force (FATF), an intergovernmental organization that develops policies against money laundering, has published preliminary guidelines for cryptocurrencies on its website on Thursday, Feb. 28.

The FATF held a meeting on preliminary crypto requirements on Feb. 22. According to the organization, the new text of the Interpretive Note to Recommendation 15 — which contains  requirements for regulating and supervising digital asset services providers — has been finalized.

However, the FATF expects to benefit from private sector consultations that are scheduled for May, asking entrepreneurs to send their comments to the organization by Apr. 8. Once the recommendation is finalized, it can be formally adopted by the FATF. The final meeting is scheduled for June 2019.

Firstly, the task force urges countries to follow guidelines to prevent money laundering and terrorism financing with cryptocurrencies — an amendment from a previous edition signed in 2018.

Moreover, digital asset providers are obliged to be licensed or registered in the jurisdictions they were created, and their owners have to provide identity information to relevant authorities. The FATF also adds that crypto products must sometimes be certified, should the host country requires it.

The guidelines also compel governments to form adequate regulation and supervision over digital assets. The FATF emphasizes that monitoring must be conducted by a competent authority instead of a self-regulatory body in order to successfully prevent money laundering and terrorism financing. The country that applies the guidelines must also establish criminal, civil or administrative sanctions for violating the rules.

Finally, the FATF obliges digital asset providers to obtain and keep records of senders and beneficiaries of crypto transfers, and to provide the data to appropriate state or international authorities should they require it. If a transaction is suspected to be illicit, the country has to take measures to freeze the action or prohibit the transfer.

The FATF currently has over 30 member countries. European countries make up a large percentage of the member states, including the United Kingdom, Switzerland, Germany, France and others. While the organization first issued a “risk-based-approach” guideline for cryptocurrencies in 2015, the organization amended and updated it in late 2018 following the pop of the initial coin offerings (ICO) bubble that began in 2017.

Democrats are planning to grill Michael Cohen about Trump Organization money laundering

By Travis Gettys

Michael Cohen’s testimony has already set off bombshells, based on a prepared statement he will deliver to the House Oversight Committee, but Democrats plan to pursue another area that hasn’t yet drawn as much attention.

The longtime Trump Organization lawyer will tell lawmakers the president knew about Roger Stone’s contacts with WikiLeaks and spoke with his son about an infamous meeting with a Russian attorney promising dirt on Hillary Clinton, but NBC News reporter Heidi Przybyla said Democrats are also interested in Trump’s shady business dealings.

“Beyond that, Democrats want a lot more, and they want to delve deep into this issue of money laundering, not just with Russia but other potential foreign countries,” Przybyla told MSNBC’s “Morning Joe.”

“There was a story that maybe didn’t get a lot of attention last year in February,” she continued, “about a Trump Tower last year in Panama, where the South Americans were essentially trying to kick out Trump business officials. They saw them going into a room with documents, and they heard a shredder going.”

“Why is that important?” Przybyla added. “Democrats are going to dig into this whole notion how the Trump Organization operates with these shell companies, which are supposed to be investments, and a lot of these individuals and foreign countries think are going to be investment but actually turn out to be shell companies potentially used for money laundering.”

 

Feds accuse three Wyoming restaurants of involvement in drug money laundering scheme

By Shane Sanderson

Three Wyoming restaurants participated in a multistate drug money laundering scheme, authorities allege in a 50-page civil complaint filed Friday in federal court.

The filings state that Mexican fast food restaurants in Colorado and Wyoming — including Rodolfo’s Mexican Grill in Cheyenne, Rolando’s Mexican Grill in Cheyenne and Almanza’s Mexican Food in Laramie — were involved in a scheme to use falsified invoices to transfer hundreds of thousands of dollars in concert with a Colorado Springs food distributor. When law enforcement raided the Colorado Springs facility, they found more than $35,000 cash. No cash registers or prices for food items were found in the facility, according to the filings.

The bank accounts associated with Almanza’s Mexican Food and Rolando’s Mexican Grill were closed before law enforcement began investigating the case, the documents state.

By Monday evening, defense attorneys had not responded to the prosecution’s latest filing, but in earlier filings they largely denied the allegations.

The man who ran the distribution business, which is known as El Potosino Foods, has connections with a Mexican drug cartel, the documents state. The phone number for Jose Aguilar-Martinez, who owns El Potosino, turned up in previous investigations of Ismael “El Mayo” Zambada and Joaquín “El Chapo” Guzmán, although the documents do not specify the investigations or the phone number’s connection to them.

Authorities have said Zambada is a leader of the Sinaloa cartel, which has smuggled billions of dollars worth of cocaine, heroin, meth and marijuana into the United States.

Earlier this month, a jury convicted Guzmán, another Sinaloa cartel leader, of various federal crimes, including engaging in a continuing criminal enterprise, conspiracy to launder drug proceeds and international drug distribution. His lawyers have said he will seek a new trial following a Vice News report alleging juror misconduct during the case.

The allegations implicating one of the Wyoming restaurants were reported by the Star-Tribune in January. The report drew from responses to a sealed civil complaint filed in November.

In their responses, defendants laid out some of the government’s allegations, including that bank accounts belonging to Hilario Montejano-Aleman, the owner of Rodolfo’s Mexican Grill in Cheyenne, were used in drug money laundering.

Rather than filing documents under seal, prosecutors partially redacted, and on Friday filed publicly, their amended complaint. It revealed more details of the case, which does not bring any criminal action against the alleged money launderers. Instead, the filings seek to require the forfeiture of $1.5 million spread across 15 bank accounts and two safe deposit boxes alleged to be used in the scheme.

The bank safe deposit boxes alone contained more than $800,000 linked to drug trafficking, according to the documents. One of those boxes was filled to capacity with hundreds of thousands of dollar bills that investigators say are tied to drug trafficking. A woman accessed the box at a Colorado Springs bank 16 times over the course of nine years. Every time she appeared pregnant. “Or, in retrospect, carrying the cash inside of a false belly,” prosecutors wrote.

Although the allegations span multiple states and businesses, the investigation began in Wyoming.

Law enforcement began investigating the case in Cheyenne in July 2016 after receiving a report of a suspicious vehicle purchase. That purchase was among multiple turned up by investigators in which purchasers put down $10,000 or more in cash, the documents state. Among those vehicles were a 2007 Cadillac Escalade for which a cook at the Laramie restaurant put down $14,000 cash.

The case also has a Casper connection, although the extent of that connection is not clear. According to prosecutors, a phone number associated with Rodolfo’s called a Casper number that the DEA is investigating in a different case.

Phishers Target Anti-Money Laundering Officers at U.S. Credit Unions

By KrebsOnSecurity

A highly targeted, malware-laced phishing campaign landed in the inboxes of multiple credit unions last week. The missives are raising eyebrows because they were sent only to specific anti-money laundering contacts at credit unions, and many credit union sources say they suspect the non-public data may have been somehow obtained from the National Credit Union Administration (NCUA), an independent federal agency that insures deposits at federally insured credit unions.

The USA Patriot Act, passed in the wake of the terror attacks of Sept 11, 2001, requires all financial institutions to appoint at least two Bank Secrecy Act (BSA) contacts responsible for reporting suspicious financial transactions that may be associated with money laundering. U.S. credit unions are required to register these BSA officers with the NCUA.

On the morning of Wednesday, Jan. 30, BSA officers at credit unions across the nation began receiving emails spoofed to make it look like they were sent by BSA officers at other credit unions. The missives addressed each contact by name, claimed that a suspicious transfer from one of the recipient credit union’s customers was put on hold for suspected money laundering, and encouraged recipients to open an attached PDF to review the suspect transaction.

The phishing emails contained grammatical errors and were sent from email addresses not tied to the purported sending credit union. It is not clear if any of the BSA officers who received the messages actually clicked on the attachment, although one credit union source reported speaking with a colleague who feared a BSA contact at their institution may have fallen for the ruse.

One source at an association that works with multiple credit unions who spoke with KrebsOnSecurity on condition of anonymity said many credit unions are having trouble imagining another source for the recipient list other than the NCUA.

“I tried to think of any public ways that the scammers might have received a list of BSA officers, but sites like LinkedIn require contact through the site itself,” the source said. “CUNA [the Credit Union National Association] has BSA certification schools, but they certify state examiners and trade association staff (like me), so non-credit union employees that utilize the school should have received these emails if the list came from them. As far as we know, only credit union BSA officers have received the emails. I haven’t seen anyone who received the email say they were not a BSA officer yet.”

“Wonder where they got the list of BSA contacts at all of our credit unions,” said another credit union source. “They sent it to our BSA officer, and [omitted] said they sent it to her BSA officers.” A BSA officer at a different credit union said their IT department had traced the source of the message they received back to Ukraine.

The NCUA has not responded to multiple requests for comment since Monday. The agency’s instructions for mandatory BSA reporting (PDF) state that the NCUA will not release BSA contact information to the public. Officials with CUNA also did not respond to requests for comment.

A notice posted by the U.S. Treasury Department’s Financial Crimes Enforcement Network (FinCEN) said the bureau was aware of the phishing campaign, and was urging financial institutions to disregard the missives.

The latest scam comes amid a significant rise in successful phishing attacks, according to a non-public alert sent in late January by the U.S. Secret Service to financial institutions nationwide. “The Secret Service is observing a noticeable increase in successful large-scale phishing attacks targeting unsuspecting victims across industry,” the alert warns.

The Secret Service alert reminds readers that we in the United States are entering tax season, which typically brings a large spike in scams designed to siphon personal and financial data. It also includes some helpful reminders, including:

-Never click on links embedded in emails or open any attachments from unknown or suspect fraudulent email accounts.

-Always independently verify any requested information originates from a legitimate source.

-Visit Web sites by entering the domain name yourself (for sensitive sites, preferably by using a bookmark you created previously).

-If you are contacted via phone, hang up, look up the number for the institution at that institution’s Web site, and call back. Do not give out information in an unsolicited phone call.

US Political Activist Linked to Russian Agent Charged with Money Laundering, Fraud

Reuters

A conservative U.S. political activist romantically linked to admitted Russian agent Maria Butina has been indicted by a federal grand jury on wire fraud and money laundering charges, the U.S. Attorney’s Office in South Dakota said on Wednesday.

Paul Erickson, 56, was indicted on 11 counts of wire fraud and money laundering on Tuesday and pleaded not guilty to the charges in an appearance before U.S. Magistrate Judge Mark Moreno, the office said in a statement. Erickson’s attorney did not immediately respond to a request for comment.

Erickson is a well-known figure in Republican and conservative circles and was a senior official in Pat Buchanan’s 1992 Republican presidential campaign.

He was romantically linked to Butina, a 30-year-old native of Siberia, who pleaded guilty in December to conspiracy.

Butina admitted working with a top Russian official to infiltrate the powerful National Rifle Association gun rights group and to make inroads with American conservatives and the Republican Party as an agent for Moscow.

Butina, a former graduate student at American University in Washington, had publicly advocated for gun rights. She was the first Russian to be convicted of working to influence U.S. policy during the 2016 presidential race.

Erickson’s indictment did not specifically refer to Butina by name, but it indicates he made a payment of $8,000 to an “M.B.” in June 2015 and another payment of $1,000 to “M.B.” in March 2017. The indictment also indicates he paid American University $20,472.09 in June 2017.

The indictment against Erickson alleges that between 1996 and 2018, Erickson made “false and fraudulent representations” to people in South Dakota and elsewhere about his business schemes in an effort to convince potential investors to give him money, the U.S. Attorney’s Office said.

Erickson owned and operated Compass Care Inc, Investing with Dignity LLC, and an unnamed venture to develop land in the Bakken oilfields in North Dakota, the U.S. Attorney’s Office said.

He faces a maximum penalty of 20 years in prison on each count as well as possible fines, the U.S. Attorney’s Office. He was released on bond, and no date has been set for a trial.