Self-help guru bail reduced to $525,000

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UPDATE: Court documents show the bail for James Arthur Ray has been lowered to $525,000.

Prior to his release he must surrender his passport to the court and must not engage in international travel.

He also can not leave the state without permission of the court but he may reside in California at the addresses provided to the Court and travel for business purposes with prior consent from the court.

The judge also state Ray cannot organize, supervise or conduct any sweat lodge ceremonies or other activities that might harm others.

It is expected that Ray will be able to post the bail and be released from the Yavapai County Jail.

ORIGINAL: CAMP VERDE, Ariz. (AP) - A fraud examiner says the net worth of a motivational speaker charged with manslaughter in Arizona is a "conservative" $2.4 million.

Richard Echols provided testimony for the prosecution in a hearing Tuesday that was to determine whether James Arthur Ray's $5 million bail should be reduced.

Ray has pleaded not guilty to three counts of manslaughter stemming from the deaths of three participants who attended a sweat lodge ceremony he led last year near Sedona, Ariz. He's been jailed nearly three weeks.

Ray's attorneys have said Ray has no criminal history, isn't a threat to public safety or a flight risk and cannot afford the bail. They filed a motion asking that Ray either be released on his own recognizance coupled with the surrender of his passport or have bail set at a minimum.