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BREAKING: Jacob Ostreicher Has been Released On Bail


Sources tell YWN that after 30 court hearings, Jacob Ostreicher has been released on bail, and to house arrest. The bail amount is around $15,000 U.S. Dollars.

Ostreicher arrived at the Bolivia courthouse on Tuesday wearing a bullet-proof flak jacket & helmet, after death threats were made against him, stating that he would never walk out of the courthouse alive.

Further details shortly.

Jacob Ostreicher, a married father of five and grandfather of 11, was arrested in June 2011 by Bolivian police while he was overseeing a rice growing venture that he had invested in. He was accused of money laundering but 18 months later has yet to be formally charged with any crimes.

(YWN World Headquarters – NYC)



6 Responses

  1. After 30 hearings Ostreicher finally gets out of jail

    When Jacob heard Ostreicher determining Gentili Judge Aeneas could not help but burst into joy and hug his wife, his brother and his lawyers got it 19 months after Bolivian justice granted alternatives to pretrial detention. Gentiles ordered house arrest and bail of 100,000 Bs. At 10:15 on Tuesday the American Jacob Ostreicher appear at its thirty Bolivian justice hearing to order his release and is was the charm. Instruction Judge Aeneas Gentili found for the U.S. and ordered his arrest, and the payment of a deposit of Bs 100,000.
    source: http://www.eldeber.com.bo/despues-de-30-audiencias-ostreicher-al-fin-logra-salir-de-la-carcel-/121218115135 with google translate

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