4 ms·

How did his wife get no prison time?

SommaRaikkonen 5y ago
From the article > As part of the plea agreement, Bohra’s wife will not face criminal charges. Bohra’s wife is no longer employed at Amazon.
- samfisher83 5y ago
  I understand the plea deal, but why. I am assuming they had evidence she gave him the data. Why let her off?
  - ALittleLight 5y ago
    May be they would have to risk a trial to convict both but he would plea guilty to protect his wife. If the state believes he was the most responsible then they may judge a guaranteed conviction without the cost of trial to be worth it. The wife (and family) lost 2.6 million, plus her job, and the husband - so it's not like she got away with something, just avoided the worst of the punishment.
    - ycombobreaker 5y ago
      disgorged 2.6 million, that means just losing the ill-gotten gains. It's not fair to call that "lost".
      - loeg 5y ago
        No. $2.6M "in disgorgement, interest and penalties." The ill-gotten gains were only $1.4M. They had to pay back their gains, pay additional fees, and one of them serves jail time. They did not get away with anything.
      - viraptor 5y ago
        If they kept the $2.6M in a liquid saving account just for cases like this one, yeah, that wouldn't be so bad. But I don't expect that's the case and in practice that could mean for example losing her house.
  - chews 5y ago
    if you don't personally profit from the bet... it's not one.
    - deleted 5y ago
      [deleted]
    - Thorrez 5y ago
      >Insider trading violations may also include "tipping" such information, securities trading by the person "tipped," and securities trading by those who misappropriate such information. It sounds to me like even giving information to someone if you know that person will trade is illegal. https://www.investor.gov/introduction-investing/investing-basics/glossary/insider-trading https://www.investor.gov/introduction-investing/investing-ba...
  - lelanthran 5y ago
    > I understand the plea deal, but why. I am assuming they had evidence she gave him the data. Why let her off? "Giving someone the data" is probably a different violation to "trading with illegally obtained data". She probably got a different penalty (breaking NDA or similar) then he did.
- deleted 5y ago
  [deleted]
nprz 5y ago
They can't arrest a husband and wife for the same crime.
- pionar 5y ago
  That's not at all true.
  - mikeyjk 5y ago
    A reference to the TV show Arrested Development :) Terrible legal advice given to a crooked businessman!
- deleted 5y ago
  [deleted]
- bin_bash 5y ago
  In case you missed the reference: https://youtu.be/75iv3RKQUAM https://youtu.be/75iv3RKQUAM
  - wpasc 5y ago
    I have the worst fucking attornies
- dragonwriter 5y ago
  Yes they can. And there are lots of examples.
  - mikestew 5y ago
    Oh, sure, downvote a commenter because they didn't watch Arrested Development. c'mon, HN. :-P
bhahn 5y ago
Just speculation, but they may have children, and if so, prosecutors may have wanted to keep at least one parent out of jail.
- yarcob 5y ago
  It would be nice if prosecutors really were that compassionate. I've read that lots of kids end up in foster care because their parents go to jail. But maybe that only happens to poor people. An alternative would be to have criminal parents serve time consecutively -- that way noone gets away, and the children would not have to be taken away.
tech-historian 5y ago
She only committed some light treason.
vmception 5y ago
They kicked back and relaxed, Emphasis on kickback. Basically they were able to cough up the $2mm the SEC wanted in the parallel civil suit, and didnt attempt to challenge the criminal case, so the prosecutors in the criminal case chose not to
randyrand 5y ago
https://en.wikipedia.org/wiki/Women-are-wonderful_effect https://en.wikipedia.org/wiki/Women-are-wonderful_effect Women generally get less time for the same crime.

From the article > As part of the plea agreement, Bohra’s wife will not face criminal charges. Bohra’s wife is no longer employed at Amazon.

samfisher83 5y ago
I understand the plea deal, but why. I am assuming they had evidence she gave him the data. Why let her off?
- ALittleLight 5y ago
  May be they would have to risk a trial to convict both but he would plea guilty to protect his wife. If the state believes he was the most responsible then they may judge a guaranteed conviction without the cost of trial to be worth it. The wife (and family) lost 2.6 million, plus her job, and the husband - so it's not like she got away with something, just avoided the worst of the punishment.
  - ycombobreaker 5y ago
    disgorged 2.6 million, that means just losing the ill-gotten gains. It's not fair to call that "lost".
    - loeg 5y ago
      No. $2.6M "in disgorgement, interest and penalties." The ill-gotten gains were only $1.4M. They had to pay back their gains, pay additional fees, and one of them serves jail time. They did not get away with anything.
    - viraptor 5y ago
      If they kept the $2.6M in a liquid saving account just for cases like this one, yeah, that wouldn't be so bad. But I don't expect that's the case and in practice that could mean for example losing her house.
- chews 5y ago
  if you don't personally profit from the bet... it's not one.
  - deleted 5y ago
    [deleted]
  - Thorrez 5y ago
    >Insider trading violations may also include "tipping" such information, securities trading by the person "tipped," and securities trading by those who misappropriate such information. It sounds to me like even giving information to someone if you know that person will trade is illegal. https://www.investor.gov/introduction-investing/investing-basics/glossary/insider-trading https://www.investor.gov/introduction-investing/investing-ba...
- lelanthran 5y ago
  > I understand the plea deal, but why. I am assuming they had evidence she gave him the data. Why let her off? "Giving someone the data" is probably a different violation to "trading with illegally obtained data". She probably got a different penalty (breaking NDA or similar) then he did.
deleted 5y ago
[deleted]

nprz 5y ago

They can't arrest a husband and wife for the same crime.

pionar 5y ago
That's not at all true.
- mikeyjk 5y ago
  A reference to the TV show Arrested Development :) Terrible legal advice given to a crooked businessman!
deleted 5y ago
[deleted]
bin_bash 5y ago
In case you missed the reference: https://youtu.be/75iv3RKQUAM https://youtu.be/75iv3RKQUAM
- wpasc 5y ago
  I have the worst fucking attornies
dragonwriter 5y ago
Yes they can. And there are lots of examples.
- mikestew 5y ago
  Oh, sure, downvote a commenter because they didn't watch Arrested Development. c'mon, HN. :-P

bhahn 5y ago

Just speculation, but they may have children, and if so, prosecutors may have wanted to keep at least one parent out of jail.

yarcob 5y ago
It would be nice if prosecutors really were that compassionate. I've read that lots of kids end up in foster care because their parents go to jail. But maybe that only happens to poor people. An alternative would be to have criminal parents serve time consecutively -- that way noone gets away, and the children would not have to be taken away.

tech-historian 5y ago

She only committed some light treason.

vmception 5y ago

They kicked back and relaxed, Emphasis on kickback. Basically they were able to cough up the $2mm the SEC wanted in the parallel civil suit, and didnt attempt to challenge the criminal case, so the prosecutors in the criminal case chose not to

randyrand 5y ago

https://en.wikipedia.org/wiki/Women-are-wonderful_effect https://en.wikipedia.org/wiki/Women-are-wonderful_effect Women generally get less time for the same crime.