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Judge Denies Bail For Slain Woman's Husband

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Judge Denies Bail For Slain Woman's Husband

LOS ANGELES (AP) ― A Los Angeles federal judge has denied bail for a wealthy gold trader charged with illegal money transfers after prosecutors argued he was a suspect in his wife's murder.

James Fayed is charged with operating an unlicensed money transfer business. He was ordered to remain in jail Wednesday after being deemed a flight risk by U.S. District Judge Otis Wright.

Fayed has not been charged with the stabbing death of his estranged wife Pamela last month in a Century City parking garage.

However, federal prosecutors had urged the judge to deny bail because they feared Fayed may flee amid an investigation into his wife's death.

There have been no arrests in Pamela Fayed's death.

(© 2009 The Associated Press. All Rights Reserved. This material may not be published, broadcast, rewritten, or redistributed.)

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