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:
“What children learn from punishment is that might makes right. When they are old and strong enough, they will try to get their own back; thus many children punish their parents by acting in ways distressing to them.”
—Bruno Bettelheim (20th century)
“What will be left of the power of example if it is proved that capital punishment has another power, and a very real one, which degrades men to the point of shame, madness, and murder?”
—Albert Camus (1913–1960)
“Death is less bitter punishment than death’s delay.”
—Ovid (Publius Ovidius Naso)