HOW LOW CAN THEY GO? Apparently there is no bottom.

Judge orders bond company to pay $811 million for defrauding migrants
[wapo.st]

By Salvador Rizzo
April 02, 2024 at 16:45 ET
A Virginia company that posts bonds for jailed immigrants facing deportation has been ordered to pay more than $800 million in restitution and penalties for fraudulent practices such as getting Spanish-speaking clients to sign English-language contracts that they didn’t fully understand and requiring them to pay $420 a month for GPS ankle monitors.
The company, Libre by Nexus, based in Virginia’s Shenandoah Valley, also threatened legal action against clients who didn’t pay the company’s fees, saying that their accounts would be sold to collection agencies and that they would be referred for deportation, according to the federal Consumer Financial Protection Bureau and the attorneys general of Massachusetts, New York and Virginia.
In a ruling Monday, U.S. District Judge Elizabeth K. Dillon in Roanoke ordered the company and its principals to pay more than $811 million. The judge found that the company owed the consumer protection bureau $231 million in restitution, of which Virginia is seeking $14 million, Massachusetts $3.3 million and New York $13.7 million to reimburse the company’s clients. The rest is owed in civil penalties, including more than $555 million to the consumer protection bureau, according to court documents.
Legal experts said the company could face bankruptcy, considering the whopping size of the monetary judgments. Libre chief executive Mike Donovan blasted the judge’s “offensive” ruling and said the company would appeal.