We are all aware that bail bonds come with with most arrests and the only way to avoid jail time until your hearing is to pay them. Typically, we hear about bails that are set for maybe a few thousand dollars. To the surprise of many, in some cases dealing with white collar crimes, bail can be set at staggering amounts. Take a look at some of the world’s most expensive bails.
An American business mogul had a bail of $250 million set after he was accused of nearly 100 counts of racketeering and securities fraud in the Wall Street Case of 1989. He was eventually found guilty and only ended up serving two of his ten year sentence.
This British billionaire was suspected to have involvement with secretive share buybacks that were linked to his European Land company. In 2009, he was arrested and had a bail of $133 million set, which he was able to post himself.
Mr. & Mrs. Kening Ma
This southern Californian duo was accused of selling all terrain vehicle without a smog certificate. They were both found guilty. Kening Ma had bail set at $100 million and his wife’s set at $75 million for her involvement.
This is a name that was made famous for its involvement with the $50 billion Ponzi scheme. He was accused of fraud and had a bail set at $10 million. Although he had the money, he was unable to post bail because he was unable to co-signer for the bond.