Humongous Bail Amounts

Humongous Bail Amounts

Here at Dennis Blackwell bail bonds, we provide bail bonds for typical cases in Colorado Springs. The types of bails bonds we provide are some of the most common types, and are usually for lower level offenses, like theft. This is because we provide members of the Colorado Springs and Pueblo community, and there are very few extreme crimes committed. Here are some unusual historical instances when bail has been set at an exorbitant amount.

The most expensive bail of all time was handed down to Micheal Milken, clocking in at 250 million dollars. He was convicted of inside trading in the stock market in 1989, resulting in the largest criminal investigation on Wall Street in history. He ended up making around 1.8 billion dollars from his illegal inside trading. After some quick math, this means that the 250-million-dollar bail was only 13.8% of his earned 1.8 billion dollars. Today, that 250 million dollars equals around 489 million dollars.

The third most expensive bail was handed down to Raj Rajaratnam, coming in at 100 million dollars. Rajaratnam was charged with insider trading, like Milken. This case is still pending, so the exact amount of money that he made from his illegal trading has not yet been disclosed.

With all of these huge bail amounts in mind, it is good to note that though they are high, they are not violating the eighth amendment of the United States Constitution. As a refresher, the eighth amendment deals with limiting excessive bail. To any ordinary person these amounts are excessive but to these individuals, it is not.

If you or a loved one needs Colorado Springs bail bonds, call Dennis Blackwell bail bonds today! We offer 24 hour bail bonds for your convenience! Servicing bail bonds Pueblo CO and Colorado Springs, we are here to help!

Information for this article was procured from Gayathri Vaidyanathan’s article on “10 Huge Bails”.

Conversation calculator used

A Difficult Situation

A Difficult Situation

The worst has happened. A loved one has ended up in jail. You are confused and perhaps a bit lost at what to do next. You turn to friends and family, but they understand about as much as you do. This leaves you with a lot of unanswered questions and an unclear future. Your uncertainty turns into anxiousness and fear. Who do you contact? What do you do? What are the next steps? But then you see it. The Dennis Blackwell Bail Bonds building right next to the Colorado Springs county jail. You know enough about bail to understand that bail bonds are a common resource for people in your situation. You walk to the building and go inside.

Here at Dennis Blackwell Bail Bonds we understand the difficulty and confusion that comes when a loved one is placed in prison. There is not a lot of common knowledge about these types of situations, and this makes it hard for people to know how to handle them. This is why we are available 24 hours 7 days a week, offering 24 hour bail bonds. We know that life is rarely convenient in times of trouble, and we do our best to be as available as possible to the people who need us. Along with our dedication to availability we also have a team dedicated to help you get the best and clearest answers about bail bonds. Our bondsman Colorado Springs is experienced and passionate about helping people from the Colorado Springs community. As a 25-year-old Colorado Springs bail bonds provider we know how the system works to a T. If you ever find yourself in the need of bail bonds do not hesitate to call us today! On our website we also offer resources that help demystify the process such as: court dates, court locations, el Paso division phone numbers, and applications! Let us help you through this difficult time!

Did You Know? Fact about Bail Bonds

Did You Know? Fact about Bail Bonds

Though bail is a cultural touchstone for crime dramas and police television shows, not many people know a lot about it. Generally, it is understood as the amount set by a judge to be paid by someone who is due to be in court to face criminal charges. But is much know about them besides this? To the everyday person, not really. That is why in this blog we will be discussing some little-known facts about bail bonds!

Let us start off with one that might surprise you; bail is not always a sure thing. That is right! A judge can deny bail if they feel it is necessary. This is usually pertaining to more serious crimes such as murder though, so it is not extremely common. One extremely little-known fact is that bail bond laws change based upon each state. So, if the same crime is committed in Wisconsin and California, there are state laws that regulate the bail bonds for that crime. This is why it is important to choose a local and experience bail bonds provider who understands the local laws! The next fact is that there must be someone who is responsible for the individual who is going to show up to court to face charges, this person is called a cosigner. They ensure that the accused shows up to face their charges, and are responsible for fees if that individual does not show up. When dealing with bail bonds this person is a bail bondsman.

Now that you know a little bit more about bail bonds you can make the right choice and contact Dennis Blackwell Bail Bonds today! We are a local and dependable bail bonds provider that has been servicing Colorado Springs for years! We provide 24 hours bail bonds! Check out our website for additional information.

Some information pulled from this article.

Know Your Rights!

Know Your Rights!

As a resident of any country is it extremely important to know your rights as designated by the countries national legal documents. For the United States of America, the Constitution is the national legal document that governs the rights of U.S. residents. Perhaps the most iconic part of the Constitution is the bills of rights, which grants all residents the same rights. It is important to understand all of these rights, but if you are someone who has committed a crime, there are two amendments that are essential to know.

The first one is that of the Fifth Amendment. This amendment covers a lot of detail about what rights a perpetrator of a crime has. Let’s begin by breaking down a few parts of this amendment. The first part of it states that “No person shall be held to answer for a capital, or otherwise, infamous crime, unless on a presentment or indictment of a Grand Jury…”this means that even when someone has committed a heinous crime, they still get the right to a trial. The next part states that “nor shall any person by subject for the same offense to be twice put in jeopardy…” this means that someone cannot be charged for the same crime twice. The final part of this amendment that will be discussed states that, “nor shall be compelled in any criminal case to be a witness against himself” which means that someone has the right to not incriminate one’s self. This final part is often why people “plead the fifth” when they are being arrested.

The second amendment of importance is that of the Eighth amendment (the history of this amendment has been covered in a previous blog post). The Eighth amendment states that “Excessive bail shall not be required…” which means that when bail is set, it must be done so in a manner that is fair to the convicted. This keeps it to where a judge is not able to set an unrealistic bail. This amendment is one of the reasons that bail bonds are so helpful! By keeping bail at a reasonable amount, many different types of people can seek the assistance of a bail bondsman. Here at Dennis Blackwell Bail Bonds we make sure that our 24 hour bail bonds are an option! Visit our website to learn more about bail bonds Colorado Springs and bail bonds Pueblo CO!

Quotations of the amendments taken from the Constitute Project page.

Compassion in Convenience

Compassion in Convenience

When a loved one goes to jail it is difficult to deal with. There is no straight forward way to try and deal with a situation like this. Each situation is different and provides different struggles for the family and others involved. Dealing with the legal system can be chaotic and turn everyday into a frenzied mess.

Here at Dennis Blackwell Bail Bonds we understand how hard a time like this can be for someone and their family. We wanted to try and take some of the stress off people dealing with having a loved one in prison. Since our founding in 1992 our business has been designed to make one aspect of this legal process, obtaining bail bonds, as easy as possible. Every facet of our business is designed for convenience for our clients, so that they can avoid some of the difficulties they will encounter. Our team is specialized in each of the key areas regarding bail bonds: writing bail bonds, bail enforcement, and providing bail bonds. With our staff being specially trained in each area, we implement a streamlined, straight forward process to obtaining bail bonds. On top of that we are open 24/7, providing 24 hour bail bonds. This means that we work around your schedule! Also, we have a location right near the county jail, so that you don’t have to go across town to get what you need. Even our website is built with this convenience in mind, as we have many different resources like an inmate search and a court dates resource!

If you or a loved one are ever in the need of bail bonds call us today! We are dedicated bondsman in Colorado Springs who provide bail bonds Pueblo CO. Don’t wait! If you need bail bonds act today!