CLEVELAND -- Bond has been set at $5 million for Elias Acevedo Sr. --the man suspected in two cold-case murders from the mid '90s.

The bond was set at $1 million for each of the five victims in the indictment against Acevedo.

Acevedo, a convicted sex offender,faces nearly 300 charges including kidnapping, rape and murder.

Acevedo pleaded not guilty during his brief arraignment hearing Monday morning.

Some of the charges in the indictment are connected to the cold-case murders involving Christina Adkins and Pamela Pemberton.

Adkins went missing in 1995 at the age of 18. Her remains were discovered Oct. 10 at a site near I-90 and I-490.

Pemberton went missing in 1994. Her remains were found in a vacant lot in Tremont shortly after her disappearance. She was 30 years old.