Federal Bonding Program can help felon get a job ~ Jobs for Felons: How felons can get jobs

Federal Bonding Program can help felon get a job

I was convicted of 2nd degree felony securities fraud in Salt Lake City Utah. My background is in financial services (mortgage lending specifically). My felony conviction obviously limits me greatly as far as my ability to license etc. and provide for myself and my family.

Is there a fidelity bond or some other type of program that I could participate in that would allow me to work in financial services again? A fidelity bond would need to be for a higher dollar amount than the 25k currently offered.

I have contacts at a bank who are willing to consider me if I can provide some sort of fidelity bond to mitigate the risks. Any suggestions would be greatly appreciated?

Thank you,

Federal Bonding Program can help felon get a job

I often get questions regarding The Federal Bonding Program and The Work Opportunity Tax Credit.

A bond is an insurance policy issued by an agency that protects an employer against money or property loss due to employee dishonesty. Certain convictions make many ex-felons ineligible for private bonding.

The Federal Bonding Program is sponsored by the Department of Labor and issued for those who are unable to be bonded privately. The bond is issued at no cost to the employer and may be an incentive to hire an applicant. Criminal records become less of a concern to employers if they know that they are protected from loss of money or property due to theft. An applicant can be bonded the same day the job offer is made.

You can get more information here:

http://www.bonds4jobs.com

Either you or your employer can apply for the federal bond. For you to apply, you must have the application form. You can find it here:

Fidelity Bond Certification Form

Take the completed form to your local One-stop Career Center. Ask for the person that handles requests for federal bonding. That person will be able to explain the bonding process in further detail.

I hope this helps.