This is a rush transcript from "On the Record ," August 19, 2008. This copy may not be in its final form and may be updated.

GRETA VAN SUSTEREN, FOX NEWS HOST: Tonight: Well, she's not out. Yes, the jailed mother of the missing toddler is still cooling her heels in jail. Casey Anthony expected to get out of jail today, but tonight she's still there, stuck in jail for at least one more night. Why? Well, it does seem perplexing. A bail bondsman and a bounty hunter are in Orlando, claiming they are ready and able to post Casey's $500,000 bond. So why is she still in the slammer? Casey has been locked up since July 16 for allegedly lying to investigators and failing to report her toddler, Caylee, missing. And remember, Caylee never was reported missing by her mother. The child's grandmother reported it.

Meanwhile, detectives returned today to the home of Caylee Anthony's grandparents. FOX caught up with the lead detective in the case.

(BEGIN VIDEOTAPE)

UNIDENTIFIED MALE: Pretty resilient being out here in a tropical storm.

UNIDENTIFIED MALE: Can you tell us what you're doing here?

UNIDENTIFIED MALE: Just talking with the family (INAUDIBLE) swing by whenever we have information we went to share with them. You guys be careful in this weather.

(END VIDEO CLIP)

VAN SUSTEREN: Joining us live is bounty hunter Leonard Padilla. Good evening, Leonard.

LEONARD PADILLA, BOUNTY HUNTER: Good evening. How are you?

VAN SUSTEREN: I'm very well, Leonard. OK, I don't get it. Why isn't she out? That's my question number two (SIC). And question number two, are you having some sort of bond war with a Tampa, Florida, bondsman? What's the...

PADILLA: No, no, no, no, no. He's fine. He's on board. He's here to post the bond. But what happened is some competitors basically out of the Miami area, Russell Favish (ph) and his boss, are sitting there, going through the insurance code book. And they say that in order for a California posting to be legitimately posted by a Florida bondsman that the agreement (ph), which is $50,000, has to be paid to the Florida bondsman, when I've already paid the $50,000 to my nephew. That's never happened before. That's never been brought up before.

Watch Greta's interview

So tomorrow, Bob Sabel (ph), from the company in Houston that supplies the bonds, has to contact the insurance commissioner's office out of Florida for an interpretation. But these folks didn't want the post the bond. They didn't want to post the bond. They didn't want to do anything for the family. Somebody comes in from California, and there's this hue and wail from these folks down there. They're screaming bloody murder about, We're going to get the Padillas arrested. We've got influence with local police departments. There's all sorts of that stuff.

That doesn't bother us. It doesn't bother me, for sure. It's just a matter of the company calling the Florida insurance commissioner and saying, Look, if there is such a regulation, you've never enforced it. Why all of sudden is this being done?

VAN SUSTEREN: OK. So what is the back story? Is there -- I mean, you know, when you got bail bondsmen now apparently, you know, at war a little bit, you know, shooting in each other's direction...

PADILLA: No, no, no. They're just...

(CROSSTALK)

PADILLA: They're just jealous.

VAN SUSTEREN: ... Trying to prevent...

PADILLA: They're just jealous.

VAN SUSTEREN: What are they jealous about?

PADILLA: They're jealous.

VAN SUSTEREN: What are -- because you're not even supposedly making money on this, so what are they jealous of?

PADILLA: That they didn't do it. They don't want to -- we used to have a hog when I was a kid, and she wouldn't eat but she wouldn't let the piglets eat, either.

(LAUGHTER)

VAN SUSTEREN: All right. Well, moving on, we got -- at least we got that established. So when is she getting out?

PADILLA: Well, right now, Bob Sabel is going to contact the Department of Insurance in Florida and say, Hey, their interpretation of this is wrong. Our agent from California has come to our agent in Florida, which is -- his first name is Al. Al is ready to post the bond. This regulation here that the people in Miami brought to your attention is wrong. Now, I would like to see Russell Favish sitting here, saying, Yes, this is the way it's interpreted in Florida. This is what has to be done.

VAN SUSTEREN: So what's your...?

(CROSSTALK)

VAN SUSTEREN: So what's your expectation as to when she's going to walk out the door? Because, I mean, the only thing that's holding her is that $500,000 bond...

PADILLA: Correct.

VAN SUSTEREN: ... And some monitoring requirements, which I'll get to later on.

PADILLA: Yes. Yes. That's -- I don't think that -- I don't think that's difficult to overcome.

VAN SUSTEREN: That's not (INAUDIBLE) But $500,000 -- you've got -- you've got the bond ready to go, the $50,000...

PADILLA: Al's got the bond. Al's got the bond. He's been in town for two days.

VAN SUSTEREN: Has the prosecutor weighed in on this at all? Has the prosecutor said anything like, I'm going to...

PADILLA: I haven't talked to him...

VAN SUSTEREN: ... Raise the charges? Nothing?

PADILLA: I have not talked to him. The company has not talked to him. My nephew has not talked to him.

VAN SUSTEREN: All right. Have you spoken to the grandparents?

PADILLA: Yes.

VAN SUSTEREN: In the last 24 hours, have you spoken to them?

PADILLA: Yes.

VAN SUSTEREN: What are they saying?

PADILLA: When's she going to get out?

VAN SUSTEREN: That's it?

PADILLA: Yes. I mean, you know, no, we don't discuss any particulars of the case with them. You know, Hey, how's it going? What's happening, you know?

VAN SUSTEREN: Have you made any effort to meet Caylee -- or Casey, rather?

PADILLA: No. No. I'm more interested in sitting here and explaining to people and saying, Bring the child back. Tell them that her mother said, Baby-sit this child for two months, you bring her back, you can claim to reward and you don't go to jail.

VAN SUSTEREN: Do you have any explanation -- why would a mother want someone to baby-sit a child for two months? Bring the child back...

(CROSSTALK)

PADILLA: I don't think she wanted her baby-sat for two months. I think it was a couple days.

VAN SUSTEREN: All right. All right. All right -- and what happened?

PADILLA: And somebody ran off with her.

VAN SUSTEREN: All right. What's the factual basis that gives rise to that conclusion of yours? I mean, there's a difference between having some sort of, like, fanciful thought and having reasonable inferences based on...

PADILLA: She told the police department that she had taken her to Zenaida Fernandez-Gonzalez to be baby-sat while she went for work. There's got to be a grain of salt that's truthful, a grain of sand that's the truth amongst all those lies. And I do believe that she took the child...

VAN SUSTEREN: Why?

PADILLA: ... To somebody to baby-sit, and I think that person left.

VAN SUSTEREN: But why does there have to be a grain of truth? I mean, it could be all lies. It could be part lies. It could be a little bitty lie. But I mean, it's -- you know, this -- you know, what would possess her to -- I mean, why -- why do you believe any part of this?

PADILLA: Greta, Greta, I've chased fugitives and been involved in situations like this, and there's always some truth that you look for, and from there, you get your lead, and from there, you follow it up.

VAN SUSTEREN: Maybe the truth is that that's her daughter and the rest of it is lies. I mean, if you're going to -- if you're going to, like, grab for some truth -- if you think there has to be some truth there -- I mean, I'll give you that one, that it's her daughter. What I'm having a hard time understanding is why -- upon what do you make your sort of -- your conclusion that...

PADILLA: I just told you. I don't want believe she's dead. I really sincerely and honestly believe she's alive.

VAN SUSTEREN: I don't, either.

PADILLA: I think the story is out there about the reward. Let's keep pushing that. And let's get somebody to be convinced that they should bring her in.

VAN SUSTEREN: Do you have any theory why she isn't talking to the police, based on facts? I mean, are there -- I should say give me facts to explain...

PADILLA: You know, it's -- I've seen in the past where right away, when somebody lawyers up, they say, Don't talk to the cops, don't day nothing. Be careful with the other people in the cellblock because of snitches. And if the person -- if an attorney has client control -- you're an attorney. Client control is important. They don't talk to anybody about anything while they're in jail. They don't even trust talking to their own attorney most of the time because they figure the room's bugged and the cops are going to cheat.

VAN SUSTEREN: You know, I -- Leonard, I just -- I just have a really hard time understanding a mother with a missing child is going to think of her own neck in those circumstances, unless she's up to her eyeballs in it, that she's going to worry about whether she makes an incriminating statements, if she thinks that someone's run off with her child. I just have a hard time...

PADILLA: Attorney -- an attorney...

VAN SUSTEREN: I mean, I have a hard time believing that one.

PADILLA: Do you understand that the attorney has told her not to speak to anybody?

VAN SUSTEREN: Of course. Of course. And that's the advice I would give her. But do you also understand that if the mother is missing a child, that mothers typically want to find that child and don't think about keeping -- they don't think about keeping the agreement with the lawyer, they think about finding the child.

PADILLA: She did a stupid thing going in, and now it's compounded by lying to the cops, and now maybe she has this fear that, What if I caused - - if the cops go after this individual, it causes my child's death or harm? I mean, I don't know what she's thinking, but I'm speculating anything that fits with the child being alive.

VAN SUSTEREN: All right. Well, you know what, Leonard? I so hope that you are right and that I'm dead wrong...

PADILLA: I hope so, too.

VAN SUSTEREN: ... In my -- I mean, I'm wrong in my suspicions. All right.

PADILLA: Absolutely.

VAN SUSTEREN: All right. So Leonard, anyway, I'll see you tomorrow night, right? You'll come back after we find out what happens with this whole mess with the bonds tomorrow?

PADILLA: You got it.

VAN SUSTEREN: All right. I'll see you tomorrow night.

PADILLA: Listen, get Russell Favish in here. He's the one that's causing all the stink.

VAN SUSTEREN: All right. Well, I'll work on that one, as well. I'll work on that. Leonard, I'll see you tomorrow night.

All right. For more than a month, Casey has been sitting behind bars. If she gets out tomorrow on bond, what will be the first thing Casey sees when she walks out of jail? "On the Record" producer Justin Wells is on the ground in Orlando.

(BEGIN VIDEOTAPE)

JUSTIN WELLS, FOX PRODUCER: Here we are outside the booking and release center, and "On the Record" has learned some exclusive details on what will happen once the bond is posted, if Casey actually does get out.

Now, the guys are going to go in this door. They're going to post the bond. And then the process takes place. What happens next? Well, we've just found out that Casey will actually come out a blue door. You seek the fence right there. And if you look in, you can see the blue door, the fencing. She'll walk around there. There's a big desk right here. She'll walk around that desk, she'll come out this door, right through the front, according to the jail, and then she will walk down the sidewalk.

Now, the Sidewalk is normally not blocked off to media, but with a high-profile case like this, they know there will be plenty of media around. Because of that, they are going to take some extra precautions. They say it's not because this is a special circumstance. It is very simple. They need to keep the door free and clear because it could be a fire hazard.

The other thing that's at play here is, you know, the media's going to swarm in. People need to get in and out because they have issues to take care of here at the booking and release center. So the fencing is going to be a little rope, and it's going to go down all the way down here. It's going to probably stop, they tell me, somewhere around here, once we get to the parking lot. In the parking lot, the fencing stops.

That's where the jail is telling me tonight that the protection of Casey on their end will stop. That's when the bond team takes over and takes over her protection. They could from here -- maybe they park the car over here, maybe they parked it back there, and she may be walking across the parking lot. Chances are, the car will just be pulled up right here, and she'll pop in and they'll take her away.

That's what we've learned exclusively about the set-up here at the booking and release center, if and when Casey does walk out of here, potentially tomorrow or sometime this week.

(END VIDEOTAPE)

VAN SUSTEREN: If Casey Anthony does get out of jail, she is going to be wearing an ankle bracelet, one that will monitor her movements. Well, how do these ankle bracelets work? Are the bracelets reliable, or could it be easy for Casey to simply hit the road?

Joining us live is Alan Velasquez, vice president of operations for Sentinel Offender Services. Now, Alan's company is not handling Casey Anthony's case, but works with similar bracelet technology. Welcome, Alan.

ALAN VELASQUEZ, SENTINEL OFFENDER SERVICES: Thank you.

VAN SUSTEREN: All right. Tell me, first of all, who puts this bracelet on an offender's leg?

VELASQUEZ: The majority of the time in these types of programs, there'll actually be a correctional officer that is required to install the ankle transmitter on the participant's ankle.

VAN SUSTEREN: Do you happen to have one with you, by any chance?

VELASQUEZ: Yes, I do. I have one right here. They're all quite similar in design. It is a radio frequency-based transmitter that emits an encoded signal that is received by the home monitoring unit which is issued to the offender, which is connected at the offender's residence and reports all of the activities of the ankle transmitter 24 hours a day.

VAN SUSTEREN: All right. So you wear this bracelet. You're in your house and you can move freely around the house. It's when you leave the perimeter of the house? Is that when it goes off?

VELASQUEZ: That is correct. The home monitoring unit is connected to the participant's residential telephone line and it uses a toll-free 800 number to contact the national monitoring center that is monitored by a monitoring company. And that is the system that processes all the alarms that are received from the participant wearing the device.

VAN SUSTEREN: All right. So you sleep in it, you take a shower in it, the whole works. The offender, the person who's wearing it, or the person accused of a crime who's out on bond doesn't take it off at any time.

VELASQUEZ: That is correct. It is designed with a tamper-proof strap so that if the participant decided to cut the device or remove it without authorization, it will automatically issue a tamper alarm, which is received by the home monitoring unit and it is related to the national monitoring center for prompt notification to the correctional agencies involved in handling the supervision of the participant.

VAN SUSTEREN: All right. And I don't mean to be obsessive, but I mean, you wear it in the shower. I mean, you just literally wear it at all times. It's waterproof, it's everything.

VELASQUEZ: It's waterproof. It's shock-resistant. It is hypoallergenic. It is designed so that the offender can wear it 24 hours a day without any health concerns.

VAN SUSTEREN: Alan, thank you.

VELASQUEZ: Thank you.


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