A judge set the bond for former State Representative Stephen LaRoque. The Kinston Republican was accused of using money from a federal program for personal purchases.
Last month, a grand jury indicted LaRoque, for allegedly stealing $300,000 in federal loans intended for small businesses, and using it to buy cars, an ice rink, a zamboni and several faberge eggs.
The judge went through all eight federal charges against LaRoque in a Raleigh courtroom on Monday, and set LaRoque's bond at $50,000 dollars, which he posted.
LaRoque was ordered to surrender his passport and stay in the Eastern North Carolina area.
LaRoque's lawyer denied the allegations against his client.
"There's not been proof put on about those allegations from the defendant's side, and Representative LaRoque looks forward to challenging those allegations and believes that when he does, the public will see that the work he did was good work and it was not work that was illegal, either in spirit or the technical aspects of the law," said LaRoque's lawyer Joe Cheshire.
No trial date was set. LaRoque resigned on August 1st. He represented Lenoir, Greene and Wayne Counties.