White-collar crime is a form of financial crime that is committed by an individual or a group of people who use their professional position to engage in corrupt practices such as corporate fraud, embezzlement, extortion, bankruptcy fraud, or Ponzi scheme. The degree of punishment for White-collar crimes in Texas is largely dependent on the severity of the crime or the amount of money that was stolen.
If you or your loved one is facing trial in court for committing a white-collar crime, you might have to provide bail to be released from custody while the trial continues. Meeting the bail condition can be challenging, especially when it involves a lot of money.
Luckily, Texans can easily access the bail needed for the release of their loved ones by using a bail bond service. A bonds company like A Better Bail Bond can provide you with the money you need so the accused person can regain their freedom.
How Does The Bail System Work In White-Collar Crimes In Texas?
Texas bail bonds laws are not different compared to other states. When charged with a white-collar crime in Texas, the court orders the arrest of the accused, schedules the trial date and the judge sets the bail amount. The defendant may choose to stay in custody until the day of their trial or post bail.
If the defendant has the cash, then they can easily make the payment to the court and get a release while they await trial. In a situation where the defendant does not have the cash, they can get bond bail from a bail bond company. The defendant will be required to sign an agreement with the company for them to post the bail.
The bond is an agreement between the defendant and the bail bond company that the defendant will pay back the bail amount and other fees that may be involved. Once the agreement is cosigned among the parties involved, the bail bond company assumes a position of responsibility and guarantees the court that the defendant will appear in court when the trial resumes.
How much does bail cost in Texas?
In Texas, every court has a set of rules that guides the presiding judge on bail, and the amount generally depends on the type of crime committed.
White-collar crimes can attract high fines and possibly spending years in jail. A conviction for felony white collar crimes, such as money laundering, labor racketeering, or insider training can attract up to 2 years in jail, fine of as much as $10,000, or both.
However, the judge can adjust the bail amount, depending on the case. The common factors that determine the number of bails the court sets include but are not limited to the severity of the case, a record of past criminal convictions, the defendant’s flight risk, and whether the defendant poses a significant risk to society.
Bail does not have to be settled in cash form. In some cases, the court can accept credit cards or collateral, such as vehicles, real estate, or other valuable property, this is why access to a reputable bail bond service is crucial to a smooth process.
Why Choose A Bail Bond Service?
White-collar is a serious criminal offense that can take weeks, months, or even years to decide. It all depends on the severity and complexity of the case.
Quick access to bail can make a huge difference in the accused person’s case. If you need a reliable bond service in Texas, turn to the professional bond agent at A Better Bail Bond to help you avoid the stress of the justice system.
They have years of experience in felony white collar offenses and misdemeanor white collar offenses. They will be happy to walk you through the bonding process, helping to facilitate the release of your friend or family facing trial in Texas court.
Have questions or concerns about getting bail bonds for white-collar crime? A Better Bail Bond is available 24/7 and is ready to provide all the necessary technical and financial help you need in such a critical time so that you can get the situation resolved in a timely manner.
To book an appointment, call (713) 224-8400.
