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WALTER ANDERSON: FLIGHT RISK?

March 11, 2005

The Government yesterday told a judge that telecom entrepreneur and space buff Walter Anderson should be denied bail while he awaits trial on tax evasion charges. The government opposed bail on the grounds that Mr. Anderson's overseas holdings and make him a flight risk. The government also said that books owned by Mr. Anderson on hiding assets and disappearing also are evidence he might flee.

Mr. Anderson is accused of evading taxes on $450 million of income. The Washington Post reports that the judge will make a bail decision today or Monday.

The Post also reports that Anderson has hired a new lawyer, Abbe D. Lowell. Mr. Lowell represented Gary Condit when the former Congressman's intern, Chandra Levy, disappeared.

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