Outlaw Bounty

Can you confirm the bounty increases overtime instead of it only increasing as there are more victims?

I was chasing Klugger, who had about 9.8K of a bounty at the time with three people robbed, later it increased to 10K. At that point I checked the Bounty Board and it was still three people that were robbed. That's about all the confirmation I have.

That sounds plausible enough, thank you.