If you or someone you know has been charged with fraud, one of the first questions you may need answered is “How much is bail for fraud?” That amount can vary depending on the specific circumstances of the case, including the severity of the crime and the defendant’s criminal record.
Legal Defense
Before you defend yourself in court it is important to consider the factors prosecutors will look for in successfully prosecuting a fraud case, as the strength of that case may affect the amount set for bail. Some key factors include:
Intent: Prosecutors must prove that the accused had the intent to commit fraud. This can be difficult to prove, especially in cases where the accused may have been acting under the advice of a third party.
Reliance: The victim must have relied on the false statement or misrepresentation to their detriment.
Harm: Prosecutors will also aim to show harm was caused to the victim(s). In cases where the victim has suffered significant financial losses or other damages, the penalties for fraud will likely be more severe.
If you or someone you know has been charged with fraud, be sure to work with an experienced law firm that specializes in criminal defense for fraud charges. They will help you to better navigate your case and the bail bond process.
What is Bail?
Bail is an amount of money that a defendant must post in order to be released from jail while awaiting trial. This money serves as collateral and ensures that the defendant will show up to all scheduled court appearances. If the defendant fails to show up, the bail money is forfeited and the defendant may be re-arrested.
Bail Schedule
In many states, a bail schedule is used to determine the amount of bail required for various crimes. A bail schedule is a predetermined list of bail amounts for specific crimes, which allows for faster processing and setting of a total bail amount. However, bail can be set higher or lower than the predetermined amount based on the unique circumstances of the case.
The bail amount for fraud charges can vary widely depending on the severity of the crime, the amount of money involved, and the defendant’s criminal history. In cases where a significant amount of money has been embezzled or stolen, bail amounts can be quite high.
In some cases, a judge may deny bail altogether. This typically occurs in cases where the defendant is considered a flight risk, a danger to the community, or if there is a risk that they will interfere with the investigation. In cases where bail is denied, the defendant will remain in jail until their trial.
Bail Bonds
How much is bail for fraud? The cost of bail can be significant, especially for serious cases of fraud where there has been significant damage to the victims. If the bail amount is too high for the defendant or their family to pay out of pocket, they may choose to work with a local, reputable bail bondsman. A bail bond agent will post bond on your behalf in exchange for a non-refundable fee that is equal to 10% of the total bail amount. Once bond has been posted on your behalf, the jail will begin processing you for release. Bail bond agents are available 24 hours a day to assist with helping you get released from jail.
If you have been granted a total bail amount and are interested in working with a bail bond agent, use our online fraud bail bond calculator to determine the fee you’ll need to pay a bail bond agent to get released from jail today.