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:
“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)
“A poor widow, by the name of Baird, has a son in the Army that for some offence has been sentenced to serve a long time without pay, or at most, with very little pay. I do not like this punishment of withholding pay—it falls so very hard upon poor families.”
—Abraham Lincoln (1809–1865)
“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)