DENVER
03/18/2010 05:12 am ET | Updated May 25, 2011

Jim Alderden, Balloon Boy Sheriff, Says Heene Family May Be Fined Up To $2,000,000

In an interview with Fox News's Bill O'Reilly set to air Monday evening, Larimer County Sheriff Jim Alderden discussed the charges being faced by the Heene family in connection with the hoax in which they led authorities and the press to believe their son was in a wayward balloon. Alderden said that, while he was uncertain exactly how much the Heene family could face in fines, he had "heard figures estimated up to $2 million...potentially for -- from the FAA." (Federal Aviation Administration)

Alderden also told O'Reilly that the Heene family would likely avoid jail time due to Colorado laws that make it easy for first-time offenders to escape incarceration.

When asked on the Today show whether Richard Heene still maintains is innocence, The Heenes' lawyer, David Lane, replied "well, absolutely, and at this point we're in a position of being a batter standing in a batter's box waiting for the pitcher to throw a pitch. You can't swing until the pitcher throws the ball."

Lane was referring to the fact that prosecutors has not yet presented the defense with evidence.

Watch Jim Alderden on the O'Reilly Factor: