Los Angeles—James Fayed is due to appear befor U.S. District Court Magistrate Ralph Zarefsky at 2:00 PM for initial appearance on a single count Indictment that was unsealed today.
Although bail must be set I suspect that prosecutors may seek an order from the assigned trial judge to freeze Fayed’s assets because of the certainty of future asset forfeiture proceedings. That may make posting bail or paying lawyers difficult or impossible for Fayed.
Sources told me the LAPD is keeping Fayed’s booking photo under wraps at least until they can complete showing witnesses a photo line-up so not to taint the identification process. That makes it quite clear that Fayed is a “Person of Interest” if not a suspect in his wife, Pamela Fayed’s murder.
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Here is a copy of Fayed’s Indictment.