Last night Bad Boy Entertainment CEO, Sean 'Diddy' Combs, was arrested on racketeering and sox trafficking charges in New York [click here if you missed that].
Diddy will remain in custody after being denied bond...
From Variety
Sean “Diddy” Combs will remain in federal custody on racketeering and sax trafficking charges, after a judge on Tuesday refused to grant him bail.
When asked for a plea, Combs said “not guilty” — the only two words he uttered at the lengthy hearing at federal court in downtown Manhattan.
Prosecutors argued that Combs should be held without bail pending the outcome of the trial. Combs’ lawyer, Marc Agnifilo, urged the judge to release him on a $50 million bond, which would be secured by property in Miami.
The judge, Robyn F. Tarnofsky, decided that there were no conditions that could guarantee Combs’ appearance in court. She said that she considered alternatives, such as home detention and the substantial bond offered by Combs, but ultimately concluded that “the presumption in favor of detention has not been rebutted” by the defense.
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