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The Bond Game

For years, Trumbull courts allowed agencies to use real estate to back bail bonds, a rare practice that some say is illegal

September 1, 2013
By RON SELAK JR. - Staff reporter (rselak@tribtoday.com) , Tribune Chronicle | TribToday.com

Most of Trumbull County's judges permitted bail bond companies here to avoid millions of dollars in insurance fees by allowing them to post bonds backed by property, a practice that some in the industry say is illegal. The courts also allowed the companies to inflate the value of their property, another apparent violation of the Ohio Revised Code.

 
 

 

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