(Bloomberg) – Tom Barrack returned to work after a judge agreed to ease some restrictions on his freedom of movement and financial affairs.

Barrack, the businessman accused of acting as the UAE’s unregistered agent, received a $ 250 million bail change on Monday. He had asked that some of his bail terms be lifted so that he could travel to New York and Los Angeles to consult with his lawyers.

Barrack, founder of investment firm Colony Capital Inc. and a former top fundraiser for Donald Trump, was charged in July with illegal lobbying for the UAE. After the bail changes granted by U.S. District Judge Brian Cogan late Friday, Barrack can now conduct financial transactions in excess of $ 2 million, except for his attorneys’ payment and publicly held securities dealings, and he must first obtain approval Obtain the public prosecutor’s office.

For transactions between $ 1 million and $ 2 million, he would notify the government within 48 hours, including the date of the transaction, the amount, and the recipient.

Housing arrangements

He was also granted permission to live in the Los Angeles area temporarily to visit his children and attend meetings with his lawyers as they prepare for the trial. Barrack, who is under electronic surveillance, was previously allowed to travel to Los Angeles and Colorado with prior approval from U.S. judicial authorities, but agreed to make his residence in Santa Ynez, California, outside of his primary residence.

Barrack was charged in July with failing to register as an agent, obstructing justice, and lying to federal officials during an interview in 2019. He pleaded not guilty and denies wrongdoing.

Barrack stepped down as Colony’s Chief Executive Officer in 2020 and as Executive Chairman earlier this year. The company was renamed DigitalBridge Group Inc.

The case is US v Al Malik Alshahhi, 21-cr-00371, US District Court, Eastern District of New York (Brooklyn).

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