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)
“A material resurrection seems strange and even absurd except for purposes of punishment, and all punishment which is to revenge rather than correct must be morally wrong, and when the World is at an end, what moral or warning purpose can eternal tortures answer?”
—George Gordon Noel Byron (1788–1824)
“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)