A bailout is a guarantee release of a person arrested by providing money with the bail. Likewise, bail bond is a warranty, used to obtain the approval of a criminal defendant who is required to release the bail. The following individuals have the highest bail bonds/bailouts ever: Michael Milken was on the $ 250 million bond list; that was the huge amount that American business magnate Michael Milken was placed on has his bail out prison. He was blamed for work at Wall Street in 1989 and was the biggest investigator of that time. He was indicted for 98 indictments for blackmail and securities fraud, and he was found guilty after the investigation. Julius Meinl is the next and was on a $ 133 million bail. Meinl is a billionaire from the UK who doubted he was involved in the sale of secret stocks and shares that were linked to his European land company. Meinl was …show more content…
Kening Ma came from Southern California. He paid a lot of money, but he had no choice than to pay that gigantic amount to save himself. He was indicted for the sale of road vehicles without a certificate of smog and after a serious investigation; He was guilty and paid $ 100 million in bail. Kening Ma was not alone and involved in some sort of fraud, his wife was also charged with engaging in fraud as his business partner. His wife was guilty and paid $ 75 million in the guarantee, which is far less than the amount of Kening Ma was bail with. The amount of the bail for the husband and wife was $ 175 million, which was extremely high. Bernie Madoff is a famous personality and almost everyone knows the name. He became known after he appeared in fraud and was long known for taking part in the $ 50 billion Ponzi plan. Bernie Madoff had a bail of $ 10 million, which was huge sum of money. He encountered greater problem when no one was willing to sign a relationship together with him for his bail, even his children refused to make a joint signing of the