InvestorsHub Logo
Followers 120
Posts 9122
Boards Moderated 0
Alias Born 07/17/2005

Re: None

Thursday, 06/25/2020 9:47:37 AM

Thursday, June 25, 2020 9:47:37 AM

Post# of 205105
Well, this was favorable to the defendant: Mark did not have to come up with any money, just a promise to pay if he fails to show up. Judge Beeler and Mr. Pickles are doing a good job so far. The DOJ must not have been pleased.

Full docket text for document 13:
AMENDED ORDER Setting Conditions of Release $2,000,000 UNSECURED BOND Entered as to Mark Schena. Signed by Magistrate Judge Laurel Beeler on 6/17/20. (cfeS, COURT STAFF) (Filed on 6/17/2020)


That Order is not available to read other than the above portion.

Unsecured bail bond means a bond that holds a defendant liable for a breach of the bond’s conditions. In an unsecured bail bond the defendant signs a contract and agrees to appear before the court. If s/he fails to do so, s/he promises to pay later the agreed bail bond amount before the court. An unsecured bail doesn't require that the money be offered up front. Further, an unsecured bail bond is not secured by a deposit of or lien on property. For instance, a bail bond executed before a court without deposit of or lien on property is an unsecured bail bond.