When a person is put behind the bars, there has to be someone to take his responsibility. The assigned lawyer is responsible for getting him out of the jail. But for the court proceedings, he is released for some time. The Bail Bonds Santee CA is written promises by the defendant that the person will be present in the court at the scheduled date and time. It is a sign of surety shown to the court. However, the bail amount is decided by the court. The amount could be as little as few dollars and as high as millions of rupees. It depends on various factors.
Take a look at the world’s seven most expensive Bail Bonds Santee CA:
1. Michael Milken
The most expensive Bail Bonds Santee CA in the history is for 250 million dollars. Michael Milken, the head of junk bond department at the Drexel Company. He was the main person held for the largest criminal investigation in Wall Street. It was taken place in 1989. He was charged for almost 98 counts of crimes. It is said that he made huge money from it.
2. Julius Meinl V
The next in the list is a British. The amount was 133 million. The banker billionaire was arrested in 2009. He was suspected to deceive the investors. They were infused to buy back the shares linked to the Meinl Land Company. The outcome of the case is still said to be pending.
3. Raj Rajaratnam
The other bail bond was of 100 million dollars. Rajaratnam was the founder of the hedge fund called Galleon Group. He was charged with plotting and inside trading of the stocks of various well-known companies. It includes known companies like Google and Hilton as well.
4. Bernie Madoff
The bail amount was 10 million dollars. He cheated almost thousands of innocent investors to run a Ponzi scheme. The people have lost almost 18 billion dollars in all. After which he was sent to life imprisonment and charged a heavy penalty.
5. Jeff Skilling and Andrew Fastow
They were executives at Enron. The bail amounted to 5 dollars each. The energy company collapsed due to frauds and various crimes committed by the two. One of them was sent to jail for six years and other for twenty-four years.
Thus Bail Bonds Santee CA agent will help you in reducing the bail amount to a great extent.
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