United States v. Harold Wright

WIDENER, Circuit Judge:

Contending that bail set in the amount of $250,000 was excessive,1 and not in accord with the Bail Reform Act, the defendant, Harold Wright, appeals the denial of his motion for reduction of bail. We affirm.

Wright was arrested on July 3, 1973 and charged with importing and possession with intent to distribute approximately sixty-six pounds of cocaine, a controlled narcotic substance.2 Following the arrest, the district judge, sitting in lieu of a federal magistrate, set bond in the amount of $250,000 cash, or with collateral. A grand jury, on July 10, 1973, indicted the…