Your source doesn't actually apply well here. It talks about things like substance abuse and addiction being reasons that criminals don't act rationally to puni

Your source doesn't actually apply well here. It talks about things like substance abuse and addiction being reasons that criminals don't act rationally to punishment as a deterrent. For white collar crime, there's a very different set of circumstances in play. Crime is often just a business decision based on risk and reward. Raise the risk and the reward becomes less worth going for.