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Unless some high-level execs are convicted and put in jail, and the company is given a high-enough file[1], this is the cost of doing business. [1] 2 years of
by 0goel0 6y ago
Unless some high-level execs are convicted and put in jail, and the company is given a high-enough file[1], this is the cost of doing business.
[1] 2 years of net profits? 50% of gross revenue? IDK. It has to be meaningful amount to truly deter criminal acts.
- roywiggins 6y agoZaidi has been convicted. He's awaiting sentencing.
- kevingadd 6y agoArguably a single conviction won't achieve anything. If it's just one sucker who gets taken out (years later) as a result of an incredibly profitable scam, it's easy to convince your employees that they won't be the one to take the fall. If you have a significant portion of the executive team or other leadership getting punished it sets a clearer example.