Mark Sievers’ friend flipped on him – making deal to save himself
Testifying at a motion to reduce Sievers' bond -- which was denied --
The life insurance money "was the motivation," Downs said, for Sievers to employ Wright and another man,
Prosecutors had previously said Wright agreed to provide "substantial cooperation" as part of a plea agreement, but Thursday's testimony from Downs was the first detailed public statement on the na-ture of Wright's cooperation. Wright pleaded guilty to a second-degree murder charge days before Sievers' arrest. He will receive a 25-year prison sentence in exchange for his cooperation.
Money has long been suspected to be a motivating factor in the killing of
Asked about Wright's confession, Sievers' lawyer,
Downs' testimony came amid Sievers' unsuccessful request to have his bond on a second-degree murder charge reduced from
"I would rely on my family to pool their resources and see what they can come up with," Sievers said.
Mummert argued that Sievers wouldn't be able to receive any life insurance money or use his house as an asset until the completion of his criminal case. But Hunter argued Sievers could indirectly receive funds from payouts made to other family members.
Hunter also noted that Sievers has ties to
Mummert conceded that Thursday's ruling will make it more difficult for Sievers to retain temporary custody of his two daughters, ages 9 and 11.
"He has a very close relationship with (his daughters), and really my heart goes out to them," Mummert said.
Sievers' daughters are living with their maternal grandmother, who's seeking to retain custody for the duration of the criminal case.
Sievers' next criminal court hearing is a case management conference scheduled for
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Allianz Life Insurance Co of New York Files SEC Form S-1, General Form For Registration of Securities Under The Securities Act of 1933 (Apr. 8, 2016)
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