Bail for Financial Crimes in Connecticut

Financial crime is any crime that unlawfully converts ownership, use, or benefit of property from one party to another. Needless to say, this is a VERY wide umbrella. Financial crimes vary from the simple act of shoplifting all the way up to corporate crime.

Despite this range, financial crime is considered by many to be synonymous with White Collar Crime, such as money laundering, fraud, bribery, and embezzlement. This is a family of nonviolent offenses that are not always considered to be serious by the public. Ironically, because of the large scales and the amounts that can be involved, these are often the crimes that cause, by far, the greatest harm to the greatest number of Americans.

Likewise, the large scale of such crimes and their investigations often lead to much larger bail amounts for those accused of financial crimes than for any other crime: even for very wealthy plaintiffs, a bail bondsman is a necessity. This is where BailCo Bail Bonds Manchester comes in, offering efficient and reliable 24/7 white-collar crime bail bonds to clients across Connecticut.

Financial crimes come in many forms. Across Connecticut, individuals are charged every day with the following common types of financial crime:

• Financial fraud (credit card fraud, cheque fraud, mortgage fraud, corporate fraud, bank fraud, medical fraud, securities fraud, wire fraud, insurance fraud, health care fraud, etc.)
• Tax evasion
• Bribery
• Embezzlement
• Money Laundering
• Identity theft
• Forgery and counterfeiting
• Extortion

If you have been charged with any of these financial crimes or have a loved one who has, BailCo Bail Bonds Manchester can provide you with all the resources and information you need to post your bond and secure your release.

Embezzlement is a specific type of theft of property, or larceny. Larceny is considered embezzlement when the property being taken was somehow entrusted into the care of the accused: for example, if an accountant in a company were to improperly move funds from the company into his own possession, that would be embezzlement. It is one of a family of offenses often referred to as “white-collar crimes” and is most commonly reported in relation to business, especially where finance and fiduciaries are involved.

Embezzlement is a crime that has grown in both prevalence and awareness in recent years. Bernie Madoff was convicted for the largest act of embezzlement in US history in 2008. Connecticut, too, has had its fair share of embezzlement schemes. one of the most famous is the case of Michael Goldberg.

Embezzlement often occurs for years without the victim’s knowing. As such,investigations can be complicated and may take some time. Evidence is often hidden but plentiful, and eventually an arrest warrant will be obtained.

If you’re accused of embezzlement you should make preparations for what will follow. You will want to call us for white collar crime bail bonds services and make arrangements with our bondsmen to ensure you spend little to no time in custody. You will also need an attorney. This is a very important decision and should not be done hastily. Please read our page about choosing an attorney.

If you, a family member, or a friend has been charged with and detained for financial fraud, it’s only natural that you’d want to know how much it will cost to get released from jail. However, this is not an easy question to answer. Financial fraud bail bonds in Connecticut are calculated as a percentage of the bail amount, which is ultimately determined by a judge based on the following factors:

• The nature and severity of the crime
• The defendant’s previous convictions and past record of court appearance
• The defendant’s family and employment circumstances
• The defendant’s finances
• The defendant’s mental health and personality
• The defendant’s ties with the community

Once you’ve been released from jail on bail, it may take quite a long time to reach the end of the case. Often, the process takes a year or more, especially if the case is complex. The bond will be terminated once there has been either a sentencing, disposition, or a plea bargain, from which point on, you’ll no longer have any obligation to your bail bonds company, although you might still have different obligations to the State of Connecticut.

BailCo Bail Bonds Manchester is at your disposal if you need to get yourself or a loved one out of jail for financial and white-collar crimes. Whether you need us to post bail for you for financial fraud, embezzlement, or tax evasion, our bondsmen are available 24/7 for all your questions and concerns.

Our team can provide you with efficient bail bond services across Connecticut including professional bail bond services in New Britain and stress-free and swift bail bond assistance in Middletown. We ensure on honesty, confidentiality, compassion, and integrity. In addition to financial crimes, you can also depend on us for convenient larceny and theft bail bonds, confidential bail bonds for sex crimes, and all other bail bonding services. Contact us today for all your bail needs in CT.