Bail Bond Firms Allow Many Ca. Suspects To Flee

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A new breed of high-volume bail bond company is jeopardizing public safety for profits in California, enabling hundreds of criminal defendants to flee while costing county treasuries millions of dollars in unpaid bail, says the Los Angeles Times. The California Department of Insurance and prosecutors around the state are investigating alleged corruption in the industry that could bring charges of perjury, conspiracy, obstruction of justice, and unlawful business practices. Court records indicate that some firms have been issuing bail bonds to serious offenders without requiring sufficient collateral – property pledged by a defendant to guarantee that a bond will . . .

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