A federal judge in Manhattan on Thursday rebuffed the latest effort by a wealthy defendant to buy his way out of custody by offering to pay a private security firm and guards to confine him to an apartment as a condition of bail.

U.S. District Judge Richard Berman ruled that the offer by Reza Zarrab, a multimillionaire man charged with helping Iran evade sanctions, should be rejected because it would give the rich another leg up in the criminal justice system.

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“The Defendant’s privately funded armed guard proposal is unreasonable because it helps to foster inequity and unequal treatment in favor of a very small cohort of criminal defendants who are extremely wealthy,” Berman said in a 30-page decision.

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Zarrab, 33, who is Turkish and was arrested while visiting Disney World with his family, offered to sign a $50 million bond secured by $10 million in cash and to wear an electronic monitoring bracelet to keep him at a Manhattan apartment, as well as sign a consent allowing the hired guards to use force to stop him from leaving.

Berman said the government has a strong case, and Zarrab has no U.S. ties, making him a serious flight risk. Courts in the past have split over allowing wealthy defendants to be guarded by private security.

French politician Dominique Strauss-Khan was permitted to use such an arrangement when he was charged with sexually assaulting a hotel maid in Manhattan, and a federal judge approved private security for Macau billionaire Ng Lap Seng while he awaits trial on an alleged United Nations bribery scheme.