I did some digging, and the mastermind of the scheme Allen was involved in (who he helped investigators nail, one of the main reasons his sentence was reduced) was sentenced to 30 years. However, he was only forced to hand over a paltry $38.5 million, out of $3 billion?! Barely 1% of the defrauded amount!
Seems like it’d be pretty straightforward to, as a rule, penalize for the entire ‘profit’ of the fraud as a baseline, then you can add the fee (otherwise, you’d still just be breaking even if caught) on top of that.
You’d think so, but the entire legal system is set up to protect the bourgeois and their interests (including maintaining a productive level of poverty and violence) not actual justice or human flourishing.
It’s why you get a harsher penalty for “breaking into” a bin full of discarded produce than defrauding thousands of pensions.
I did some digging, and the mastermind of the scheme Allen was involved in (who he helped investigators nail, one of the main reasons his sentence was reduced) was sentenced to 30 years. However, he was only forced to hand over a paltry $38.5 million, out of $3 billion?! Barely 1% of the defrauded amount!
Seems like it’d be pretty straightforward to, as a rule, penalize for the entire ‘profit’ of the fraud as a baseline, then you can add the fee (otherwise, you’d still just be breaking even if caught) on top of that.
You’d think so, but the entire legal system is set up to protect the bourgeois and their interests (including maintaining a productive level of poverty and violence) not actual justice or human flourishing.
It’s why you get a harsher penalty for “breaking into” a bin full of discarded produce than defrauding thousands of pensions.
Cool and good.
That’s 1%. $300,000,000 would be 10%.