Suspect in Fortune 500 scam out on bond

NEW YORK, Nov. 6 (UPI) -- A federal judge in New York has ruled the key suspect in a Fortune 500 scam can be freed on bond instead of being transferred to Indiana to face trial.

While a magistrate judge had previously disallowed bond for 44-year-old Dina Wein-Reis for fear she would flee rather than face criminal charges, U.S. District Court Judge Shira Scheindlin let Wein-Reis out on a $10 million bond posted by the suspect's family, the New York Post said Thursday.

Scheindlin's ruling on Tuesday came a day before Indiana prosecutors said Wein-Reis had at least $100 million in personal assets.

The prosecutors' financial claim on Wednesday marked the most recent information in the case of Wein-Reis, who has been accused of masterminding a plot to scam a number of Fortune 500 companies of millions of dollars.

The Post said Wein-Reis, who is facing 17 1/2 years in prison if convicted, has already traveled to Indianapolis and is expected to seek to maintain her freedom as her trial progresses.