The Missouri Department of Insurance (MDI) has assessed penalties against three Missouri licensed bail bond agents for failing to comply with Missouri bail bond statutes and/or regulations.
Sally Elliott of Norwood, MO - $400 penalty for using unlicensed persons to assist in the recovery and surrender of an absconder and aided and abetted the unlicensed persons in acting as surety recovery agents when they were not properly licensed. Elliott is licensed under the authority of AA Action Bail Bonds and Bob Griffin of Doniphan, MO.
Mark Vanderheiden of Kansas City, MO - $1,000 penalty for:
1. failed to use a Power of Attorney in a bail transaction with a court
2. failed to give prenumbered receipts for payment
3. failed to give clients a copy of their bail bond contract
4. failed to give receipts for collateral and failing to return
collateral for 5 months
Vanderheiden is licensed under the authority of BH&K Investments, LLC of Gladstone, MO and Vanderheiden’s own company, AA Monopoly Bail Bonds, LLC of Kansas City.
Michael McMahon of Camdenton, MO - $200 penalty for failing to report collateral to his general bail bond agent and for failing to return collateral after being released from the bond by the court. McMahon is licensed under the authority of Don Eickhoff of Rocky Mount, MO.
Tuesday, July 25, 2006
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