I don’t understand why companies who commit blatant fraud like this aren’t required to disgorge all fraudulently earned money. If someone defrauds banks they get fined based on their earnings in a way that hurts. If someone defrauds consumers for “tens of millions of dollars” they are only fined $16M.
Well, actually I do understand, I just don’t like it and don’t like what it says about this country’s priorities.
I don’t understand why companies who commit blatant fraud like this aren’t required to disgorge all fraudulently earned money. If someone defrauds banks they get fined based on their earnings in a way that hurts. If someone defrauds consumers for “tens of millions of dollars” they are only fined $16M.
Well, actually I do understand, I just don’t like it and don’t like what it says about this country’s priorities.
Yep. Things don’t have to be this way.