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The highest bail amount set in the U.S. was $100 million for the bail of Galleon Group founder Raj Rajaratnam. The bond was secured by $20 million in property and cash. Rajaratnam was arrested in October 2009 on insider trading … Continue reading
Each state has different rules on the bail bonds licensing. Illinois, Kentucky, Oregon and Wisconsin have banned commercial bail bonds. Usually those states provide an alternative to commercial bail, such as paying 10% of the full bail amount to the … Continue reading
When a judge decides at a bail hearing whether bail will be granted, and if so, how much, some of the factors he or she considers are the nature of the crime, the character of the defendant, the likelihood the … Continue reading