World’s Most Expensive Bonds

bail bondMost of us can probably guess how much the average bail is for regular crimes such as drug possession or other misdemeanors. Maybe a few thousand, right? You may be surprised to know that more high profile crimes can reach staggering amounts. Check out some of the most expensive bonds in the world.

Michael Milken

Up first is this American business mogul. He was accused of 98 accounts of racketeering and securities fraud in the 1989 Wall Street case. After an extensive investigation, Milken had a bail set at $250 million dollars, which he paid to gt out of jail. He was later sentenced to 10 year in prison, but only ended up serving two.

Julius Meinl

This British billionaire was suspected of having involvement with covert share buybacks which were actually tied to his European Land Company. He was arrested in 2009, but was able to pay his bail his bail of $133 million and was released.

Mr. and Mrs. Kening Ma

This duo hailing from southern California was accused of selling all-terrain vehicles without a smog certificate. After an extensive investigation, Mr. Ma was found guilty and had a bail set at $100 million. For her involvement in the fraud, Mrs. Ma was had a bail set at $75 million. The combined $175 million bail was paid and they were released.

Your charge may not be this severe and your bail may not be as high, but you may eventually need a bail bond service. When you do, Alvarado Bail Bonds is here for you. Give us a call at (888) 866-8376.