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Sunday, 04/01/2018 6:39:00 PM

Sunday, April 01, 2018 6:39:00 PM

Post# of 87948
Lisa Bershan And Barry Schwartz Granted Bail In Starship Snacks Securities Fraud Case
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Metropolitan Correctional Center.
At a hearing held on Friday, December 22, 2017, before United States District Judge Robert W. Sweet, recently indicted married couple Lisa Bershan and Barry B. Schwartz were granted bail under the following conditions: $50,000 cash, electronic monitoring with home detention, surrender of passports, travel restrictions, surrender of firearms, and no contact with their alleged victims or co-defendant Joel J. Margulies, according to court documents.


Three weeks earlier at another session before Judge Sweet, attorneys for Bershan and Schwartz had requested that they be released on their own recognizance to stay at a rented apartment in New Jersey. Assistant U.S. Attorney Robert Allen opposed that application on the grounds that they are a flight risk.

Bershan and Schwartz were released from Metropolitan Correctional Center on January 2, 2018.

No trial date has been set.