Webb secured his bond $10 million bond with a whole lot of properties and luxury possessions, including:
Ten homes owned by Webb, his wife, and family
A 2015 Ferrari, 2014 Range Rover, and 2003 Mercedes-Benz
A 401(k) account belonging to his wife, as well as her equity in an unnamed company
Eleven luxury watches owned by Webb
A diamond wedding ring, diamond bracelet, diamond and pearl necklace, pearl earrings, diamond earrings, and two luxury watches owned by his wife
It must be quite common when bonds are posted in corruption and racketeering cases, but it seems funny to me that Webb secured his bond with possessions that he owns because of the proceeds from the (alleged) corruption for which he is being charged. Somehow, however, despite the surrender of eleven of his luxury watches, I suspect that Jeffrey Webb has a twelfth to wear on his wrist.