$22 - $2.4 billion collected per year by bail industry.
Freedom for Profits
This report tells a rarely heard and even less understood story of how the bail industry has corrupted our constitutional freedoms for profit. The for-profit bail industry has reinforced and profited from the racially biased nature of our criminal justice system.
Facts You Should Know
- 70% of people in jail have not been convicted of a crime.
- An estimated $14 billion in bonds are secured by for-profit bail each year.27
- $75 million charged in cases WITHOUT any finding of wrongdoing
- On any given day, around 440,000 people remain detained in the United States without having been convicted of a crime.
The insurance industry collects around $2 billion a year on bail bonds.