News from a federal court in Houston:

According to the complaint, in 2011 Stockman set up a non-profit called Life Without Limits in Las Vegas. A single contributor donated $350,000 to the charity, which Stockman then allegedly funneled back to himself through donations made by his employees.

Stockman said he understood the charge. Judge Stephen Smith set bail at $25,000.

When the judge told Stockman he needed to obtain an attorney by Friday, the following exchange ensued:

Stockman: You said 2 o’clock tomorrow? I should have counsel by two?
Judge: Yes.
Stockman: I’ll have to hustle with that.
Judge: Yeah, you will. These are serious charge