Thursday, April 05, 2007

Bail Bond Business scrutinized

Wtnh.com, Connecticut News and Weather - Bail Bond Business scrutinized: "Last week's corruption arrests included three bail bondsmen sparking a renewed call to overhaul the industry.

Lawmakers shot down reform proposals a few years ago. Even after a report found unregulated bail bond businesses may be cashin'in.

The bail bond industry has been under the microscope for several years. And there's a reform bill going through the legislature right now. Whether it will be passed is unclear. But the bondsman you are about to meet believes something must be done before it's too late. It is a lucrative business. Licensed bail bondsman put up the money and the defendant promises to appear in court.

'Some are making a lot of money.'

This bail bondsman has been in the industry for many years. He asked that we keep his identity secret because he doesn't want to become a target.

'I'm not a target now I don't want to become one and my safety could be at risk.'"

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