For the past few decades, state and local governments throughout the U.S. have paid out a total of $2.9 billion to Americans who were wrongly convicted of crimes. Those big-payout headlines and improvements in DNA technology have attracted investors and companies offering cash advances to exonerees with the hope of substantial payback — that is, if they win their case.
Media attention on these big payouts and improvements in DNA technology have attracted investors and companies offering cash advances to exonerees with the hope of substantial payback — that is, if they win their case.
Thirty-eight states, the federal government and the District of Columbia all offer exonerees some form of wrongful-conviction compensation. These amounts are typically capped per year served. To get a higher payout usually requires a lawsuit against the government, which can be lengthy and costly. Proving one's innocence in civil court isn't a simple or fast process. Private firms can be an attractive lifeline for many exonerees, especially due to the heightened financial burden a legal battle with the government can amount to.
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