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Felons Issuing Bail Bonds Lose Their Licenses

November 8, 2005
By: David Schneider
State Capital Bureau

Felons may not be able to bail criminals out of jail anymore. David Schneider has more in Jefferson City.

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Missouri Insurance Department director Dale Finke says felons won't be allowed to issue bail bonds anymore. When the department discovered that several felons held licenses to issue bail bonds it decided to review all license-holders. Finke says so far, they've found at least 11 felons. Department spokesman Matt Barton says the department is taking legal action to stop their practice.

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Contents: "We will seek discipline of the existing licenses, of convicted felons as bail bondsmen, seek to revoke those licenses, to take away those licenses."

The Department of Insurance says the state Supreme Court makes it clear felons cannot issue bail bonds. From the state capital, I'm David Schneider.

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People that were in jail have been helping others get out, but the state says no more. David Schneider has more at the state capital.

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The director of the Missouri Department of Insurance Dale Finke says he's going to revoke bail bonding licenses from convicted felons. Right now the department is reviewing all licensed bondsmen and has identified at least 11 felons. Insurance Department spokesman Matt Barton says these felons will have to find other work.

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Contents: "We do not believe that individuals that have been convicted of felonies are qualified to hold a bail bond license here in the state of Missouri."

Barton says most of these felons received their licenses five to-ten years ago. From the state capital, I'm David Schneider.

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Felons issuing bail-bonds are losing their licenses. David Schneider has more from the Jefferson City.

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When the Missouri Department of Insurance discovered that felons were issuing bail bonds, it decided to revoke their licenses. Department director Dale Finke says the Missouri Supreme Court clearly states felons cannot be bail bondsmen. Finke says the Department of Insurance is reviewing all licensed bondsmen to weed-out the felons.

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Contents: "In a status report yesterday it found that there are some that have to be acted on. We've not actually done that yet today."

Finke says he's not sure how long it will take to revoke licenses from all felons currently issuing bail bonds in Missouri. From the state capital, I'm David Schneider.