3 ms·
Steal 17 million dollars from investors, literally not a day in jail. Steal 17 dollars from a department store and see how that goes. Welcome to America.
by CPLX 8y ago
Steal 17 million dollars from investors, literally not a day in jail.
Steal 17 dollars from a department store and see how that goes.
Welcome to America.
- rokob 8y agoTo be fair, this is just what the SEC can do. DOJ can still file charges that lead to jail but they take longer.
- JumpCrisscross 8y ago> Steal 17 million dollars from investors, literally not a day in jail We saw similar comments following the SEC fining Elizabeth Holmes. Criminal investigations take longer than civil proceedings, and the SEC doesn't have the power to bring the former.
- CPLX 8y agoElizabeth Holmes is in jail?
- estro 8y agoNo(t yet): https://en.wikipedia.org/wiki/Elizabeth_Holmes#Criminal_charges https://en.wikipedia.org/wiki/Elizabeth_Holmes#Criminal_char...
- dragonwriter 8y agoShe's currently out on $500,000 bail while the criminal charges against her proceed, but prison time is at issue with the charges.
- willio58 8y agoPshh 17 million? Try the entire housing market collapse 11 years ago that sent the U.S. economy into a recession. I think one guy was put behind bars IIRC? Now _thats_ America.