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Jul 2, 2008 2:15 pm US/Eastern

Judge Frees Alleged NYC Call Girl Madam From Jail

NEW YORK (AP) ― A judge has sprung alleged Manhattan madam Kristen Davis from jail.

Davis was arrested March 25 and charged with promoting prostitution and money laundering. Prosecutors say the 32-year-old ran a high-priced escort ring called "Wicked Models" out of two East Side apartments. She has pleaded not guilty.

On Wednesday, state Supreme Court Justice Thomas Farber reduced her bail from $2 million to $400,000. Farber said he's convinced Davis will return to court when required.

The bond is secured by an apartment Davis owns, by a $125,000 bank account, and by her mother's pension.

Davis must wear a monitoring anklet, report daily to her bail-bondsman, and may not leave the tri-state area without court permission.

(© 2008 The Associated Press. All Rights Reserved. This material may not be published, broadcast, rewritten, or redistributed.)

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