Most of us have heard of bail set around $10,000 or maybe a bit more than that. But on certain occasions, in higher profile cases, bail bonds can be in the millions, absolutely astronomical amounts. Here are some of the most expensive bail bonds ever in history.
This American business mogul had his bail set at a staggering $250 million. After the accusations of being involved with 98 counts of security fraud and racketeering in the Wall Street Case in 1989, the largest investigation at that time, he was found guilty and sentenced to 10 years in prison. He only served two years.
This British billionaire had a bail set at $133 million. In 2009, he was arrested a for being the suspicion of his involvement with secretive buybacks of shares that were linked to his European Land Company. After being arrested, he was able to post his bail and be released.
Mr. & Mrs. Kening Ma
This southern California duo of husband and wife were accused of selling all-terrain vehicles without a smog certificate. After a lengthy investigation, Mr. Kening Ma was arrested with his bail set at $100 million. Mrs. Ma was also arrested and her bail was set at $75 million. The couple able to post their own bail amounting to $175 million and be released.
Almost anyone you know has heard of the $50 billion Ponzi scheme has heard the name Bernie Madoff. After he was accused of being involved in the scandal and arrested, his bail was set at $10 million. Although it ‘s alleged that he had the means of posting his own bail, he was unable to find a co-signer for the bond.
So as you can see, there isn’t a cap of how high a person’s bail can potentially be set at. But if you ever find yourself behind bars in Denver or the surrounding areas, no matter how minor or major the crime, no matter how low or high the bail is, make sure you call Bail City Bonds at 303-573-1114.