4 ms·
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
by 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 agodisgorged 2.6 million, that means just losing the ill-gotten gains. It's not fair to call that "lost".
- loeg 5y agoNo. $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 agoIf 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.