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Judge accuses Zimmerman of lying to court about his finances

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    Legal panel weighs in on the case

  • Duration 5:51
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Back -- to our top stories new developments in the trade on Martin case.

Defendant George Zimmerman is back behind bars right now he turned himself in yesterday after the judge revoked his bonds.

This after Zimmerman his wife Shelley were accused by the prosecution of the lighting about their finances.

At Zimmerman earlier bond hearing.

By failing to disclose money that they raised from an online web site from supporters.

Turning now to discuss at Fox News legal analyst Mercedes Colwin and former prosecutor now defense attorney mark Ike large.

This is not good for George -- the judge essentially accepted the prosecutions argument that he needed to go back in jail because they misrepresented how much money he had.

His lawyer told the court he was essentially indigent.

And therefore needed a very low bond to get out pending trial that one -- played for the viewers -- bring you guys in.

The lawyer Mark O'Meara talking to the judge it talking to does -- Zimmerman okay.

-- court trying to get there -- a low bond and he asks her about this indigent claim was initially Zimmerman.

On the phone keep in mind when they're having -- conversations -- remains got apparently over a 100000 dollars sit in a web site.

From goodwill supporters who want to help them listen.

He's.

-- liquidated reasonably.

To exist in coming.

Money -- wrong.

Not that I know of.

-- -- -- -- The maybe.

Didn't.

Your husband's over there it is it costs -- Into the it's.

It goes off.

I don't know enough.

You know that I'm aware of.

That's not great mark that's not so great for mr.

Zimmerman and for his wife -- OK I don't disagree with you I'd be intellectually dishonest if -- -- suggested might fake clients is somehow benefitted by this whole maneuver.

But I I wanted to trust Mark O'Meara because these -- my trust so far and I believe that there is going to be some explanation.

That we have not yet.

Yet heard from his client and -- client's wife that will at least make us although OK you guys are idiots but you didn't intentionally deceive the court.

All right so Mercedes they're talking about this this that bond hearing that we listen to -- on April 20.

On April 6 -- There is a transcript of -- talking to George Zimmerman in jail Trace Gallagher took us to -- for the prosecution says it was all in code look here.

Zimmerman in my account to I have at least 100 -- -- know how close ally -- government 8860.

This defendant release a total everything how much are we looking at -- -- like 155.

And the prosecution alleges.

That was all code for 155000.

Which he says was about what they had.

In the online website -- force showing.

I should say you know -- and he prosecutor and -- -- you know showing.

That they that it was a -- that it wasn't a misrepresentation that they had this code discussion for days before -- -- went McCord said no money that I know love.

Right.

What this isn't it interesting because Zimmerman lawyer sector hurt what what monies are out there that they could be liquefied easily put -- easily so frankly he already know we started heating issue about the defense fund.

And this is a very damning recording between the Zimmerman certainly this whole code about.

Do we have honor no 860 -- -- a 155 it's -- and by the way ironically 155.

Is a 155000.

They do have and that defense fund.

I think it is a huge black in the -- Zimmerman and frankly.

He's on tender hooks -- about his credibility if he takes the stand and lots of folks are saying that if this case proceeds he have to take the stand because it's all that is intent it's about what happened before that trigger that the trigger -- pulled.

You have to to to say that he does this is an issue that will actually come as you race is on -- that.

-- -- -- -- by the good judge may get to decide this stand your ground offense that NASDAQ has decided by a judge not jury and the judge.

Appears to have bought the prosecution's argument that -- lighter his wife lied to this court.

OK first is the white flying is separate from him he never went under oath and perjured himself he did however sit back and let his attorney make misrepresentations.

Possibly.

But let's move on to that other bigger issue and that is that.

We don't have faith in this judge that he's going to be able to separate the fact that he might have misled the court from.

Did -- Zimmerman reasonably feared death or great bodily hung out and -- -- -- What is your credibility is very important -- case I -- -- -- an area or as hard as drone of the day I agree but you -- -- does have experience credibility issue.

Which I agree but what does the -- ask you -- the issue is what -- the facts when the Zimmerman shot Marten.

OK then don't let me know Martha and the government says that trade on -- confronted him that he was retreating and going back to his car drew -- -- confronted him.

-- bottom -- girlfriend says she heard Zimmerman confront true -- and was the one to be aggressive aggressor it's gonna come down his government's credibility.

And did I just skirted us by arguing but but not nest and are -- by allegedly not disclosing the truth about its finances.

I concedes do we know is why -- -- why -- -- none of the markets that it now and that we're gonna take a break we're gonna come back Mercedes there.

I am conceding yet again that this doesn't help Zimmerman that being said I still believe.

That this judge should and could separate this incident for what happened on the day.