3 ms·
>while a lengthy civil procedure eventually may ask you to give 1 or 2% of what you stole back in fines. Examples? Usually when this argument is trotted out, t
by gruez 2y ago
>while a lengthy civil procedure eventually may ask you to give 1 or 2% of what you stole back in fines.
Examples? Usually when this argument is trotted out, there's two factors not mentioned: the amount "stolen" is the amount transacted (ie. total potato sold, rather than the additional profit made), or that the government's case is shaky and the settlement reflected that.
- hermannj314 2y agoBig banks role in 2008 financial crisis. Facebook fines from FTC regarding user privacy. But your point shows the asymmetry in the system. Most thieves don't get to argue costs of goods stolen vs. sticker price of goods stolen and then get to reach a cushy settlement because the government is scared of losing a protracted battle.