Evan Greebel being escorted by police out of 26 Federal Plaza by law enforcement officials after being arrested for securities fraud.
(Getty Images/Andrew Burton)
Evan Greebel's bad week took a turn for the better on Monday.
Greebelwas arrested Dec. 17 as an alleged co-conspirator of former Turing Pharmaceuticals CEO Martin Shkreli. Prosecutors allege Shkreli illegally took stock from his previous company, Retrophin, to pay unrelated business costs.
Under scrutiny from regulators and auditors, Robert L. Capers, U.S. Attorney for the Eastern District of New York, alleges that Shkreli "joined forces" with Greebel, "who used his law license and training to conceal and further the scheme.”
But one week after being slapped with conspiracy to commit wire fraud indictment in what federal prosecutors described as a "ponzi" scheme, Greebel will be headed to Cancun, Mexico, for a long-planned vacation.
Martin Shkreli being escorted by law enforcement agents in New York.
(AP Photo/Craig Ruttle)
The Eastern District Court of New York had restricted Greebel's travel to Southern and Northern New York as part of his $1-million bond release.
But on Monday, Greebel was temporarily granted by U.S. District Judge Kiyo Matsumoto to take "a long-planned vacation with his family," according to court records.
Via U.S. District Court Eastern District of New York (Brooklyn)
Greebel must admit to liability in his alleged part of the scheme by signing a confession of judgment before leaving the U.S. He must also comply with the other terms of his bond and surrender his passport no later than noon on Jan. 4.
The family planned the vacation earlier this year, according to a letter submitted to the judge by Greebel's attorney on Monday.
The vacation is "reasonable and appropriate" because Greebel doesn't pose a flight risk and the trip would be essential to keep "as great a sense of normalcy" for his three young children, his attorney wrote.
Greebel will travel with eight of his family members, including his wife, three children, mother-in-law, father-in-law, and a close family friend. They plan to spend 10 days out of the country from Dec. 23 through Jan. 2.
LINK: Martin Shkreli Allegedly Told Investors He Had $35 Million; He Really Had $700
LINK: Martin Shkreli Charged With Running A “Ponzi” Scheme Released On $5 Million Bond
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