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Zhang Sights Freedom
By Sharon Simonson
SAN JOSE — A U.S. magistrate judge is likely to grant the pre-trial release of a Chinese professor who has been held without bail in the Santa Clara County jail, accused of espionage and trade-secret theft.
Judge Nathanael Cousins said during a June 24 detention hearing that he was inclined to allow 36-year-old Hao Zhang to leave confinement so long as the right mix of incentives and safeguards could be set in place.
Defense attorneys told the court that they could offer assets valued at roughly $500,000, including $225,000 in U.S. retirement accounts benefitting Zhang and his wife, to assure the professor would not flee in the face of the federal charges. They are also offering the equity in a Florida house owned by a Zhang relative.
Zhang would live in ...