White-collar Crime - Punishment

Punishment

In the United States, sentences for white-collar crimes may include a combination of imprisonment, fines, restitution, community service, disgorgement, probation, or other alternative punishment. These punishments grew harsher after the Jeffery Skilling and Enron Scandal, when the Sarbanes–Oxley Act of 2002 was passed by the United States Congress and signed into law by President George W. Bush, defining new crimes and increasing the penalties for crimes such as mail and wire fraud. In other countries, such as China, white-collar criminals can be given the death penalty. Questions about sentencing disparity in white-collar crime continue to be debated.

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Famous quotes containing the word punishment:

    Death is less bitter punishment than death’s delay.
    Ovid (Publius Ovidius Naso)

    The punishment which the wise suffer who refuse to take part in the government, is to live under the government of worse men.
    Plato (428–347 B.C.)

    The condition upon which God hath given liberty to man is eternal vigilance; which condition if he break, servitude is at once the consequence of his crime, and the punishment of his guilt.
    John Philpot Curran (1750–1817)