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:
“If we could do away with death, we wouldn’t object; to do away with capital punishment will be more difficult. Were that to happen, we would reinstate it from time to time.”
—Johann Wolfgang Von Goethe (1749–1832)
“The gods had condemned Sisyphus to ceaselessly rolling a rock to the top of a mountain, whence the stone would fall back of its own weight. They had thought with some reason that there is no more dreadful punishment than futile and hopeless labor.”
—Albert Camus (1913–1960)
“Inside, the others sat at their carpentry, varnishing, sorting, gluing, had still two years, five years to do. He was standing at the carstop.
The punishment begins.”
—Alfred Döblin (1878–1957)