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5 of The Most Expensive Bail Bonds In The World

5 of The Most Expensive Bail Bonds In The World

The Most Expensive Bail Bonds In the World.

Bail bonds are one of the most helpful things when you or a loved one needs to be released from jail. It ensures that you can go about your daily life and continue doing what you normally do. While they can be an expensive thing, there are people all over the world who have had to pay extremely high bail bonds in order to be released from jail. Below are five of the most expensive bail bonds in the world.

Bernard Ebbers

Bernard Ebbers was a CEO of WorldCom and had his bail set to $10 million. The reason that he was arrested was that, in 2005, WorldCom covered up the fact that the company inflated their assets. How much inflation do you ask? $11 billion worth. Ebbers was charged with fraud, filing a false statement, and securities fraud.

Bernie Madoff

One of the most expensive bail bonds in the world is the Bernie Madoff bail bond. Madoff was charged for being involved in $50 million ponzi scheme. His bail was set at $10 million, but he couldn’t find anyone to co-sign the bail bond, not even his own sons.

Shirley Ji

Shirley Ji, the wife of Kening Ma (who is also on our list), was involved in her husband’s ATV scandal as his business partner. Because of this, Ji was arrested and her bail was set at $75 million.

Kening Ma

Ma was from southern California and sold all-terrain vehicles. While this might not seem bad, the problem was that he sold these vehicles without a smog certificate. This is a big no-no and landed him in jail. His bail was set at $100 million, with him and his wife’s bail equaling to $175 million altogether.

Michael Milken

Coming up at number one as the most expensive bails bonds in the world is Michael Milken. Milken was an American businessman who in 1989 was indicted in a big case against Wall Street. His bail was set at a whopping $250 million and he was charged with racketeering and securities fraud.

If you are interested in bail bond services in Weslaco, TX, call the bail bondsmen at Rodriquez Bail Bonds today at 956-316-2245.

 

What are the Civil Penalties for Shoplifting?

At Rodriguez Bail Bonds, we understand how the law works in the state of Texas. We are the number one bail agency in Hidalgo County.  While shoplifting can be considered a felony or misdemeanor depending on the specific circumstance, shoplifters can also be liable for civil penalties. Due to the Texas Theft Liability Act, the state of Texas provides retailers with protections that allow them to take civil action against the shoplifter, or if a minor, the parent or guardian of the shoplifter. Below are the civil penalties for shoplifting in the state of Texas:

Monetary Award for Adult Shoplifter

Texas retailers can essentially make back the money they lost in damages, plus an additional fee, by issuing their civil recourse. If the perpetrator is of legal age, they can be awarded up to $1,000 dollars in addition to the awarded damages for the stolen or missing items.

Monetary Award for Minor Shoplifter

If the shoplifter is a minor, the retailer retains their right to civil recourse. In this case it would be against the parent or guardian of the minor. The cap for amount paid actually increases when it pertains to the parent or guardian. Retailers can get as much as $5,000 dollars in cases in which the parent is deemed responsible.

Know Your Rights

Residents of Hidalgo County who have been accused of shoplifting should understand their rights. Rodriguez Bail Bonds offers assistance with theft bail and can help you through the process. For theft bail assistance in Weslaco, TX, call us at 956-316-2245

Answers To Frequently Asked Bail Bond Questions

Answers To Frequently Asked Bail Bond Questions

Learn More About Bail Bonds With These Frequently Asked Questions!

Bail bonds are a subject that a lot of people don’t know a lot about. From what bails bonds are, to the bail bond process, it can get confusing when people are in the middle of getting themselves or someone out of jail. Below, we will discuss frequently asked questions about bail bonds, so the process will seem less scary if you are ever in a situation where you need a bail bond.

What Is a Bail Bond?

This one of the most frequently asked questions about bail bonds. A bail bond is any form of money or property that is presented to the court in order to secure someone’s release from jail and to guarantee the person shows up to court when they are supposed to.

What Is a Bail Bondsman?

If you cannot afford the bail yourself, you can hire a bail bondsman, who acts as a guarantor, who pay the bail bond on behalf of the defendant. Bail bondsman agrees to act as a surety, in turn, the defendant must show up on their assigned court date.

Who Determines the Bail Amount?

The judge will usually set the bail amount and will take a lot of factors into consideration like the type of crime, previous record, employment, etc.

What Type of Collateral Does a Bail Bondsman Accept?

Sometimes a bail bondsman will need collateral ensure the security of the bond and make sure the defendant shows up in court when they are supposed to. The types of collateral that bondsman accept are

  • Property
  • Cars
  • Stocks
  • Jewelry
  • Bank accounts

What Happens When You Don’t Show Up For Your Court Date?

You or a loved one are given a bail bond on the promise that you or your loved one will show up in court. When someone doesn’t show up for their court date, the bail bondsman or whoever paid your bail will be required to pay the full amount of the bail. When this happens a bail bondsman or police will need to locate the defendant and put them back in jail.

Do you need bail bond services in Weslaco, TX? Give the bail bondsman at Rodriguez Bail Bonds today at 956-316-2245.

 

Types of Bail Bonds Explained

After a judge or magistrate determines your eligibility for bail, you may have a few different options to leave jail early. However, your options will depend on your specific charges and circumstances. You might have heard of a cash bond of seen the term “own recognizance” but what do these terms mean? Here is a quick guide to help explain the most common types of bail bonds.

Cash Bond

Keys in Jail Cell

Get out of Jail Early with a Bail Bond or Other Type of Bond

When you pay the full amount of bail, this is known as a cash bond. In some cases, this might be your only option. If the magistrate determines you are too high a flight risk, you might need to come up with the money on your own. While friends and family can help you pay the cash bond, you cannot use a surety bond or bail bond if a cash-only bond is required.

Released on Own Recognizance/ROR

Although less common, you might be eligible for release on your own recognizance (sometimes called ROR or OR). In this scenario, the magistrate determines that you can leave jail early without any financial security. In other words, you do not need to pay any money for your release. This also means that you will not lose any money for failing to show up in court, though you could still have a warrant issued for your arrest if you fail to appear. ROR is often used for first-time or low-level defendants.

Surety or Bail Bond

When you are eligible for a bail bond or surety bond, you can save money up front by using a bail bondsman. In this process, you pay the bondsman a small percentage of the full price of bail, usually 10 percent. This fee is not refunded to you, but he will put forth the rest of the cost of the bond so you do not need to come up with the money to leave jail early. Failure to appear will result in bond forfeiture, making you liable for the full cost.

If you have questions about the types of bail bonds in Weslaco, TX, call Rodriguez Bail Bonds at 956-316-2245!

What to Do When a Friend Gets Arrested

No one wants to get a phone call from a friend or loved one who has been arrested. Whether you are with your friend at the time of their arrest or they call you from jail, there are some do’s and don’t’s to keep in mind. Follow these tips so you know what to do when a friend gets arrested.

Keep Calm

What To Do When a Friend Gets Arrested

Help Your Friend Get Out of Jail

The first thing to remember is to remain calm. Panicking will not help anyone, and could result in even more trouble. If you are with your friend as they are getting arrested, this is especially important. Do not verbally harass or physically assault the arresting officers, or you could escalate the situation and be arrested for interfering. Plus, keeping calm and collected in a stressful situation will help keep your friend calmer as well.

Get Critical Information

Whether you are with your friend or they call you, it is important to find out some essential information. To help them make bail, you will need their name, where they are being held, what their charges are, and more. The more information you have, the better. However, stick to facts as your call could be recorded and you don’t want your friend saying anything that could be used against him or her in court.

Contact a Local Bail Bondsman

If you cannot afford bail for your friend or do not have time to gather the money, contact your local bail bondsman. For a small percentage of the total bail amount, usually 10 percent, a bail agent will post bond and get your friend out of jail quickly. For example, if your friend is being held on $10,000 bail, you need only pay the bondsman $1,000 and he will put up the rest. This is contingent on your friend, known as the defendant, adhering to the rules set forth in the bond. Breaking these rules will result in bond forfeiture and you or your friend will be liable for the full amount.

If you need bail bonds in Weslaco, TX, call Rodriguez Bail Bonds at 956-316-2245.

Knowing Your Rights During an Immigration Arrest

Learn About Immigration Bail Bonds with Rodriguez Bail BondsImmigration is a hot topic in the United States right now, and especially in Texas. If you or your loved one are an immigrant, it’s incredibly important to know your rights if you are arrested or detained by Immigration and Customs Enforcement (ICE). Read on to discover what you should know during this controversial time.

Be Aware of Your Rights!

EVEN IF YOU ARE AN IMMIGRANT YOU HAVE RIGHTS!  The “level” of your rights will however vary depending on where you were arrested. If you were arrested by ICE at an airport or along the border you may have “less” rights than if you were “turned in” and arrested in your home or at work.

If you’re arrested or detained by ICE you should follow some very basic guidelines:

  • Ask to speak to a lawyer IMMEDIATELY. Otherwise, you should stay silent and limit responses to any questions at all.
  • DON’T SIGN ANYTHING. You’re not obligated to sign anything, so don’t!
  • You could very well have the right to be released by paying a bond- make sure your attorney asks about it.

Ask About an Immigration Bail Bond!

Any sort of arrest or detainment is scary, an Immigration arrest can be especially threatening. Figuring out out immigration status is easier with you or your loved one out of jail. One step you can take to reduce stress is to seek out an Immigration Bail Bond.

Quick Facts About Immigration Bail Bonds:

  • Your eligibility for an immigration bail bond depends on whether your ICE office or Immigration judge thinks you are a flight risk.
  • You may be released on what is known as a personal recognizance bond- a signed agreement that you will return to court and avoid committing any crimes.
  • If you do not qualify for a Personal Recognizance Bond your judge or ICE officer may grant you either a Delivery Bond or a Voluntary Departure Bond.

Immigration will most likely continue to be a source of stress in the coming days in United States, and especially in Texas. If you or a loved one have been arrested or detained by ICE and need guidance please call Rodriguez Bail Bonds immediately at 956-316-2245.

Benefits of a Bail Bondsman

After an arrest, there are a few options for getting out of jail. This will mainly depend on your individual circumstances. However, if you are eligible for bail, you may opt to use a bail bondsman to get out of jail. Here are a few benefits of a bail bondsman that you might enjoy.

Affordability

bail bondsmanDepending on your charges, criminal history, flight risk, and other factors, a judge will set your cash bail amount. This is the amount you must pay in order to get out of jail before your court date. Prices can range from a few hundred dollars to over $1 million. However, you can save a lot of money by hiring a bail bondsman.

With a bail bond, you need only pay a small percentage of the cash bail amount, usually 10-15 percent. The bail bondsman will put up the rest, and you will sign the bond agreeing to certain terms.

Assistance

Getting arrested can be extremely stressful and scary, and the process can be confusing. One of the benefits of a bail bondsman is that he will help you navigate the bail process. Good bail agents help their clients understand documents, provide resources, and even send reminders about their court dates.

Efficiency

Bail bondsmen help people get out of jail and back to their families every day. No one knows the system and tendencies of the justice system like they do! With the help of a bail bondsman, you can enjoy fast, expert service and the utmost respect and confidentiality.

Don’t wait in jail when you don’t have to! Call Rodriguez Bail Bonds today for a bail bondsman in Weslaco, TX at 956-316-2245.

What Happens After an Arrest?

You or a loved one has been arrested, now what? Knowing the local booking and bail procedures makes getting out of a jail a simpler process. So if you end up in jail or get contacted by a friend or relative who’s been arrested, here is what you need to know:

Shadows of cell bars

After an arrest, the person will be taken to jail and undergo the booking process. This requires gathering all of the person’s contact and personal information, mugshots, and being fingerprinted. Then the arrested person will be able to make a phone call to contact either family, a friend, or a bail agent.

Once in the person is in jail, a judge will decide whether the accused is allowed to be released on bail or must remain in jail based on prior arrests. If a person is determined to be a flight risk or too dangerous to be released, their right to bail will be denied. Bail is set based on the crime committed. In some cases, if a judge isn’t present, the bail can be set based on a local bail schedule with pre-determined bail amounts based on the criminal activity.

Once the arrestee has received the bail amount, they can decide whether to pay the amount in full or need to contact a bail bondsman to pay a percentage of the amount in order to get out of jail. Otherwise, the person must stay in jail until their appointed court date.

When you need bail assistance in Edinburg, TX or the surrounding area, contact Rodriguez Bail Bonds. We’ll help you through the bail process so you or your loved one can get out of jail and get on with life. Contact us today at 956-316-2245.

Celebrities Who Have Needed Bail Bonds

Anyone has the potential to end up behind bars and when that happens, everyone wants to make bail. And we do mean EVERYONE….celebrities Included. Take a look at some of these celebrities who have needed bail bonds at one time or another.

Kat Williams

While in Georgia in 2009, Williams was arrested and charged for burglary. His bail was set at $40,000. He called on a credible, local bail bondsman and was able to have it post and be released . But once he gained his freedom, he never made payments to the bail bondsman and was therefore arrested once more, with bail set at $10,000, which he was forced to pay out of his own pocket if he wanted to avoid more time in jail.

Lindsay Lohan

This starlet is well known not only for her appearances in movies and television but for her frequent run-in with the law. Lohan has always utilized the services of a bail bondsman, even when she first started having minor problems with the law. In 2010, she violated her bail multiple times. Fortunately for her, she was able to depend on her trusty bail bondsman to help her remain free.

Nicholas Cage

This well-known actor faced severe charges in 2011, including public indecency, domestic violence, and disturbing the peace. Once arrested, he called on the help from his friend, Dog the Bounty Hunter, to post his bail of $11,000. He, in turn, was able to avoid ending up in the even worse situation of being in jail.

So as you can see, an arrest to can happen to anyone So if you find yourself or someone you know in need of bail bond services in Edinburg, TX or anywhere in all of Hidalgo County, call 956-316-2245.

The Differences Between Misdemeanors and Felonies

police carDepending on the severity of the crime committed, a person may be facing a misdemeanor or felony charge. There are different penalties and sentences that can be handed down and it is important to understand the penalties you or a loved one may be dealing with.

A misdemeanor is charged for less serious crimes and typically first or second offences. There are three classes of misdemeanors with penalties that range from a $500 fine to a year in county jail and a maximum fine of $4,000.

Felony charges are given for severe crimes including burglary, aggravated assault and third offenses. Felonies include a state jail sentence, first through third degree felonies, and capital felonies. The minimum jail sentence for a felony is a year though, severe offenses including murder can get a sentence of life in prison without parole.

A judge will determine whether the accused will receive a misdemeanor or felony charge taking into account the crime committed as well as past criminal history. The type of sentence received will impact the bail amount and whether it must be paid in full in order to be released.

If you need assistance with cash bail in Edinburg, TX, contact the bail agents at Rodriguez Bail Bonds today. We are available 24/7 to help you or a loved one get out of jail quickly. Call us at 956-316-BAIL (2245) to find out more information. Whether you need bail for a misdemeanor or a felony charge, we can help.