Anthony Cobos was released Wednesday afternoon after a federal magistrate in El Paso set bond. An indictment accuses the former county judge of receiving bribes and campaign contributions in exchange for his influence in refinancing $40 million of the county's debt and replacing the county's financial adviser.
If convicted, he could face up to 20 years in prison.
Cobos was the only one of four arrested Friday in an ongoing corruption probe not to receive bond the same day. Cobos was denied bond after refusing to discuss his personal assets without a lawyer present.
