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:
“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.)
“It is an open question whether any behavior based on fear of eternal punishment can be regarded as ethical or should be regarded as merely cowardly.”
—Margaret Mead (1901–1978)
“My object all sublime I shall achieve in time—
To let the punishment fit the crime— The punishment fit the crime; And make each prisoner pent Unwillingly represent
A source of innocent merriment! Of innocent merriment!”
—Sir William Schwenck Gilbert (1836–1911)