Prosecutors claim Zimmerman had $135,000 available that had been raised by a website he set up.
Zimmerman's wife testified at the bond hearing that they had limited funds available since she was a nursing student and Zimmerman wasn't working.
He can't sit back and obtain the benefit of a lower bond based upon those material falsehoods," Lester said.
Defense attorney Mark O'Mara said the fact that Zimmerman and his wife never used the money for anything indicated "there was no deceit."
Prosecutor Bernie De la Rionda described the Zimmermans' testimony as "misleading."
"This court was led to believe they didn't have a single penny," said De la Rionda. "It was misleading and I don't know what words to use other than it was a blatant lie."
Prosecutors also said Zimmerman had failed to surrender a second passport, but the judge dismissed that concern as the equivalent of someone who has lost a driver's license, applies for a new one and then finds the old driver's license.
Zimmerman is pleading not guilty to second-degree murder and claims self-defense.
O'Mara said Friday on a website that he doesn't expect the case to be ready for trial until next year.