NEW YORK, July 14 (Reuters) - A partner in the
international capital markets group at the law firm of Allen &
Overy was arrested Thursday and charged with distributing child
pornography.
Edward De Sear, 64, appeared before U.S. Magistrate Judge
Madeline Arleo in federal court in Newark, and was released on
a $250,000 bond. He will be electronically monitored by the
court.
De Sear did not enter a plea because he was charged by
complaint, the U.S. Attorney's Office in Newark said. He will
enter a plea when he is indicted.
According to the complaint, De Sear downloaded and
distributed videos and images of child pornography using
peer-to-peer networks on the Internet. Among the material
downloaded by federal investigators from De Sear's shared drive
were images of prepubescent children being restrained and
sexually abused, officials said.
A search warrant was executed Thursday morning at De Sear's
home in Saddle River, New Jersey. The defendant turned over a
laptop computer to law enforcement officials during the search,
according to the U.S. Attorney's Office.
According to a biography on the firm's site, De Sear is a
securitization partner in the international capital markets
group at Allen & Overy, where he concentrates primarily on
asset-backed securities.
The count of distributing child pornography carries a
mandatory minimum penalty of five years in prison, and a
maximum of 20 years and a $250,000 fine.
De Sear's attorneys did not immediately return a request
for comment. A representative for Allen & Overy declined to
comment on the charges.
The case is U.S. v. De Sear, in the U.S. District Court for
the District of New Jersey, no. 11-8143.
For the U.S.: Assistant U.S. attorneys Shirley Emehelu.
For De Sear: John Vazquez and Michael Critchley of
Critchley Kinum and Vazquez.
(Reporting by Jessica Dye; Additional reporting by Basil
Katz)