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J.J. Cafaro released from jail today on $50K bond

Published: Mon, March 22, 2010 @ 12:26 p.m.

AKRON — A federal judge has ordered John J. Cafaro, the former shopping mall executive, released from detention.

At midday today, after a 30-minute court hearing, U.S. District Judge John R. Adams released Cafaro on $50,000 unsecured bond pending his 10 a.m. June 8 sentencing.

As conditions of his release, Cafaro must submit to and pay for electronic location monitoring and cannot leave northern Ohio without the court’s permission.

Cafaro, 58, of Hubbard, was to be returned to the Corrections Corp. of America’s Northeast Ohio Correctional Center in Youngstown and released from there this afternoon, said Justin Roberts, an assistant U.S. Attorney handling the case.

Judge Adams detained Cafaro at his Wednesday arraignment, saying Cafaro had refused to provide the financial information necessary for his bond to be properly set.

But his lawyers subsequently submitted his federal tax forms for recent years and other financial information to the court late last week.

Cafaro, who retired as vice president of the Cafaro Co. on Dec. 31, pleaded guilty Wednesday to making a false statement concerning a contribution he made to his daughter, Capri Cafaro’s, unsuccessful 2004 congressional campaign.

For the complete story, see Tuesday’s Vindicator and Vindy.com

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