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:
“That thing of hell and eternal punishment is the most absurd, as well as the most disagreeable thought that ever entered into the head of mortal man.”
—George Berkeley (1685–1753)
“Let us have compassion for those under chastisement. Alas, who are we ourselves? Who am I and who are you? Whence do we come and is it quite certain that we did nothing before we were born? This earth is not without some resemblance to a gaol. Who knows but that man is a victim of divine justice? Look closely at life. It is so constituted that one senses punishment everywhere.”
—Victor Hugo (1802–1885)
“All the philosophy, therefore, in the world, and all the religion, which is nothing but a species of philosophy, will never be able to carry us beyond the usual course of experience, or give us measures of conduct and behaviour different from those which are furnished by reflections on common life. No new fact can ever be inferred from the religious hypothesis; no event foreseen or foretold; no reward or punishment expected or dreaded, beyond what is already known by practice and observation.”
—David Hume (1711–1776)