Ex-Cinar president Weinberg released on $140K bail

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Ronald Weinberg

Ronald Wein­berg

The for­mer pres­i­dent of now-defunct ani­ma­tion com­pany Cinar was released Fri­day on $140,000 bail after being charged in con­nec­tion with an alleged $120 mil­lion fraud.

Ronald Wein­berg, 59, was freed less than a day after he sur­rended to Mon­treal police at Trudeau Inter­na­tional Air­port. A week ear­lier, the Que­bec provin­cial police issued a war­rant for his arrest.

Bail con­di­tions require that he must refrain from com­mu­ni­cat­ing with oth­ers accused in the case; refrain from trad­ing pub­lic stocks; live at one of his two homes, in sub­ur­ban Pointe Claire, Que­bec, or upstate New York; and keep the peace.

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