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SALT LAKE CITY — Friends and family of a St. George businessman accused of Internet marketing fraud put up a $2.8 million property bond to secure his release from jail.
Jeremy Johnson, 35, will leave the Davis County Jail on Thursday morning provided the 15 properties in Utah and California are properly filed in county recorders' offices. The bond also includes one annuity.
Johnson has been incarcerated since his arrest June 10. A federal grand jury indicted him on one count of mail fraud in connection with his online company iWorks. The indictment alleges Johnson billed hundreds of thousands of people for products and services they didn't sign up for.
Federal prosecutors have said more charges in the case are likely.
Attorneys already have 8 million pages of documents to review.
Johnson's attorney Nathan Crane said he's now moving forward with Johnson's defense in what will be complex case. Attorneys already have 8 million pages of documents to review.
"We have a lot of work to do," he said.
In authorizing Johnson's release, U.S. District Judge David Nuffer placed several restrictions on him. He must wear a GPS monitor for at least three months, live in St. George and remain in Utah except to travel to Nevada for proceedings in the Federal Trade Commission case against him.
Johnson, a licensed pilot, also must surrender his pilot's license and passport.
Nuffer earlier was reluctant to release Johnson because he considered him a flight risk due to his overseas connections and ability as a pilot.