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Leslie Howard Roberts’ bail was set at $500,000.

In West Palm Beach, Fla., U.S. Magistrate Ann Vitunac, who set bail for the 23-year-old stockbroker, also stipulated that he show in court where he obtained any bond money. Roberts is accused of falsifying $47 million in stock trading slips. Roberts’ attorney, Robert Hertzberg, said Roberts doesn’t and will not have the money for the bond. Roberts, who was arrested by the FBI and charged with mail fraud Feb. 14, reportedly has a $1.5-million home, a Learjet and nine cars plus interests in dozens of companies. Those assets, however, have been frozen by court order.

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