James Cotter, Brad Simpson's business partner, posts $100,000 bond, set for release

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SAN ANTONIO - James Cotter, the longtime business partner of Brad Simpson, posted bond Friday morning.Cotter had his bond reduced from $1 million to $100,000 b

SAN ANTONIO - James Cotter, the longtime business partner of Brad Simpson, posted bond Friday morning.James "Val" Cotter, 65, was arrested on Oct. 22 and has spent the past two weeks at the Bexar County Jail on evidence tampering and weapons charges related to the Suzanne Simpson investigation.

His combined bond of $1 million was argued by his attorney as "excessive and unconstitutional" on Nov. 4 during a bond reduction hearing.Cotter is being charged with evidence tampering and possession of prohibited weapons , the 65-year-old is accused of taking a fully automatic AK-47 that belonged to Brad Simpson and hiding it behind a wall in his home two days after Brad’s wife Suzanne went missing.

Suzanne's husband Brad Simpson is also at the Bexar County Jail on similar charges with bonds set at a combined $3 million.If he manages to come up with the money needed to post bond, Cotter will have to surrender his passport and be under full GPS house arrest. His attorney called these conditions and the high bond amount stunning, something he's never seen in all his 30-plus years of practicing law for charges of this nature.

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