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It looks like the US prosecutes about 300 people each year for fraud, out of a population of 300 million. With a pool of about 7000 US citizens on the list you
by pavon 4y ago
It looks like the US prosecutes about 300 people each year for fraud, out of a population of 300 million. With a pool of about 7000 US citizens on the list you would expect about 1.4% chance of one of them would be charged with fraud in the next two years if fraud was uniformly distributed through the population.
Would be interesting to see how the numbers break down for just C*O positions, as many of the 30 under 30 are founders and other executives.
[1] https://www.justice.gov/criminal-fraud/facts-statistics https://www.justice.gov/criminal-fraud/facts-statistics
- jefftk 4y ago> the US prosecutes about 300 people each year for fraud That's way too low. [checks link...] That's just cases handled by the DOJ Health Care Fraud Unit, not all fraud.
- dragonwriter 4y agoIt’s fraud prosecuted by the federal government for fraud against the major federal public healthcare programs (one of which is joint federal-state program where much of the fraud is prosecuted by state prosecutors, not the feds.) Its... very much not all healthcare fraud prosecution, much less all fraud prosecution.