The Goldman Sachs banker, on trial for insider trading, had a secret in his closet: $US24,000 ($35,154) tucked into a sunglasses case.
The stash, US prosecutors said on Tuesday, shows there’s a risk he might flee before his trial on insider-trading charges.
Vice President Bryan Cohen had $US24,000 in the case, hidden in a dresser drawer in his closet, prosecutors in Manhattan said in a letter to a judge. The French citizen also has an overseas bank account with more than $US533,000 and owns four properties in France worth over $US500,000, prosecutors said, citing Cohen’s tax returns.
US District Judge William Pauley had set bail for Cohen at $US750,000 and ordered him to remain under house arrest with a GPS bracelet until his trial. Cohen is seeking to be released from house arrest.