Bail Bond Agency To Forfeit $100,000 Bond

A federal judge has ordered a bail bond company to forfeit the $100,000 it promised to guarantee court appearances by an Ohio woman who later fled the country following her corporate fraud conviction.

Garcia Bail Bonds of Phoenix had asked the judge to reconsider after fugitive Rebecca Parrett was found and arrested in Mexico in October.

U.S. District Court Judge Algenon Marbley ruled Wednesday that the bond company had done nothing to locate Parrett after she fled and that the government had expended considerable resources tracking her.

An attorney for the bond company says he has not yet seen the ruling.

Parrett was convicted in 2008 in the $1.9 billion fraud case. She is being held in the Franklin County Jail in Columbus following her return to Ohio about a week ago.

THIS IS A BREAKING NEWS UPDATE. Check back soon for further information. AP's earlier story is below.

COLUMBUS, Ohio (AP) -- An Ohio fugitive convicted in a $1.9 billion corporate fraud case has returned to Ohio after her arrest in Mexico in October.

Rebecca Parrett was being held in the Franklin County Jail in Columbus on Wednesday following her return to the state about a week ago.

Drew Shadwick of the U.S. Marshal's Service says a court date has not yet been set for Parrett.

She disappeared in March 2008 after she was convicted of securities fraud, wire fraud and other charges in a scheme at health care financing company National Century Financial Enterprises.

A judge sentenced her in absentia to 25 years in prison.

A message was left Wednesday with attorney Gregory Peterson, who has previously represented Parrett.

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