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.
Read more about this topic: White-collar Crime
Famous quotes containing the word punishment:
“All in all, punishment hardens and renders people more insensible; it concentrates; it increases the feeling of estrangement; it strengthens the power of resistance.”
—Friedrich Nietzsche (1844–1900)
“My object all sublime
I shall achieve in time—
To let the punishment fit the crime—
The punishment fit the crime;”
—Sir William Schwenck Gilbert (1836–1911)
“What will be left of the power of example if it is proved that capital punishment has another power, and a very real one, which degrades men to the point of shame, madness, and murder?”
—Albert Camus (1913–1960)