The amount of a bail bond all depends on the crime at hand. In the average case, bail could be set at $10,000 or more, which seems like a considerable amount of money. Although In higher profile cases, you’re liable to see bail starting at $1 million. Here’s a list of some of the world’s highest bails.
Mr. Milken was a financier who was accused of being involved with the the 1989 Wall Street case, which was the the biggest investigation at that time. He was cited on 98 counts of racketeering and and securities fraud. After being found guilty, his bail was set at $250 million and was sentenced to 10 years in prison, but only served two.
Mr. & Mrs. Kening Ma
Mr. and Mrs. Kening Ma were suspected of selling all-terrain vehicles without a smog license. This southern California couple was arrested after an extensive investigation and found guilty. Mr. Ma’s bail was set at $100 million and for her involvement, Mrs. Ma’s bail was set at $75 million. The couple was able to post their entire bail which summed up to $175 million and were released.
Meinl is a billionaire from Britain who was accused of being involved in covert buybacks of shares that were linked to his European Land Company. In 2009, Meinl was arrested and his bond was set at $133 million, which he paid and was then released.
Madoff became famous for his suspected involvement in the $50 billion Ponzi scheme. After being investigated and arrested, his bail was set at $10 million. Although he may have been able to post bail, he had no one that would agree to co-sign the bond.
These amounts can be absolutely unimaginable to most, seeing as though the average person only earns about $1.4 million in an entire lifetime. So if you’re in Wake County, no matter the crime, no matter the amount, be sure that you don’t hesitate to call C.L. Collins at 919-834-6381 for your bail bond services.