Virginia-based bond company Libre by Nexus ordered to pay $811M in restitution and penalties for fraudulent practices.

Virginia-based bond company Libre by Nexus, which posts bail for migrants facing deportation, has been ordered to pay $811 million in restitution and penalties for fraudulent practices, including getting clients to sign contracts they didn't fully understand and requiring them to pay $420 a month for GPS ankle monitors. The company and its executives must also each pay over $111 million in civil penalties.

12 months ago
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