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CFPB orders prison banker to pay $6M for charging inmates ‘unfair’ fees
- salawat 5y agoTime is money. Average cost of incarcerating someone per day is $94.82. 6000000 divided by $94.82 per day is 63,277 days. Which comes out to 173 years. If They fleeced 6 mil, there's your sentence. You can decrease by a gratuity factor for making the prison population aware of what they are in for. I mean. Seems only fair. We shouldn't facilitate taking advantage of captive populations. Might even help with the attractiveness of financial crime.