When a person is charged with a criminal felony, they go through several procedures in order to decide if they are free or not. One of these steps is the bail bond. Bail is a process in which the person accused of a crime must pay a fixed amount of money to obtain his freedom. It could be said that bail is the ticket out of a bigger punishment for a person who has committed a criminal felony. Many times what is sought is to be able to withdraw the charge by paying a huge amount of money, but we don’t always think about how expensive this can be.
To make it more straightforward, here are some examples of some of the most expensive bail bonds that have existed in the history of the United States.
Most High-Profile Bail Bond Cases
- Robert Dust – $3 billion
Currently holds the record for the highest amount of bail set in the history of America. He was accused of murdering his first wife, Kathleen McCormack, his old-time friend Susan Berman and his neighbor Morris Black.
- Kim Freeman – $1 billion
She was arrested for running two “massage parlors” that were brothers. She was not a high-profile person, she was an Asian immigrant like any other, but her bail was set at that amount because the judges were afraid that when she had the opportunity she would escape to her country.
- Raj Rajaratnam – $150 million
He was found guilty of 14 counts of conspiracy and securities fraud in excess of $60 million.
- Michael Milken – $250 million
He was charged with insider trading, securities fraud, mail fraud, and filing false tax returns. He was known as “the highest-paid man on Wall Street.”
- Kening Ma–$150 million
She was accused of violating the California Clean Air Act. She was accused of importing ATVs and motorcycles that did not pass U.S. emissions standards.
As we can see, there are extraordinary cases where bail bonds are extremely expensive. Not all cases are like this, nonetheless, you should work with a prepared, bold attorney who knows what he is doing. The lawyer’s trial experience is very important when working with him, that will determine whether your case is resolved or not.
At the Spatz Law Firm, you can expect more than just strong representation. With more than 40 years of experience, Attorney Russell Spatz cares about his clients and strives not only to help them resolve their legal problems but also to help them find a better place in life.
To arrange a consultation with Russell Spatz, call 305-442-0200.