Zimmerman bond set at $1 million

George Zimmerman was granted a $1 million bond on charges of second-degree murder Thursday. The ruling came almost a week after Zimmerman’s bond hearing, when he was ordered back to jail after the court discovered he misled them to believe he was indigent.

“The Defendant has the ability to post such bail,” said circuit court judge Kenneth Lester in his written ruling released Thursday. “The increased bail is not punishment; it is meant to allay this Court’s concern that the Defendant intended to flee the jurisdiction, and a lesser amount would not ensure his presence in court.”

Zimmerman was released on a $150,000 bond in April, when his attorney Mark O’Mara, with help from the testimony of Zimmerman’s wife, Shellie, told the court that his client didn’t have any money.

Shellie Zimmerman has since been charged with perjury and released on $1,000 bond.

It is currently unclear if Zimmerman will be able to pay for his new bond, or when he will be released from jail.

After Zimmerman’s first bond hearing, it was later discovered that Zimmerman had access to over $130,000, which he raised from a website asking for donations. The money was originally donated to Zimmerman’s PayPal account, then transferred to and from his wife and sister’s bank accounts multiple times.

This is a developing story. Please check back for updates for more information.