6 ms·
10 years for refusing to to say where he found gold is wild. people who committed fraud against elderly people and child molesters often get sentenced for less
by cultofmetatron 7mo ago
10 years for refusing to to say where he found gold is wild. people who committed fraud against elderly people and child molesters often get sentenced for less than that.
- heavyset_go 7mo agoHe defrauded his investors. As much as I find that funny, what he did was a white collar crime that has consequences.
- DetroitThrow 7mo agoYeah it's a sad consequence but... He effectively stole from others, why are people shocked? And yes contempt charges shouldn't go this long, but that's a separate qualm than "should he be criminally charged at all".
- fn-mote 7mo agoRight. It’s a mystery to me how on one day on HN you will see “corporate death penalty” discussed and on the next “$400MM white collar crimes should not be punished as much as murdering a single person”. If this were Apple, Google, or Meta having committed the crime, I think the tenor of the discussion would be very different.
- xmodem 7mo agoIt's almost as if comments on a website called "hacker news" are written by individuals with differing and varying opinions, and not by some nebulous hive-mind that purports to be internally consistent.
- chrisweekly 7mo agoSarcasm was unnecessary to make this excellent point.
- heavyset_go 7mo agoHey man, some of us find it funny when millionaire pirates get scammed by another millionaire pirate in a Coen brothers-esque scheme where everyone's greed gets them fucked in the end. Throw them all in the brig
- Terr_ 7mo ago> 10 years for refusing to to say where he found gold is wild. No, that's not what happened. I'm guessing you saw this news before under a clickbait title. It's not about where gold was found, it's about where he stashed it later. These are assets that are (or were) in his hands which partially belong to all the investors he defrauded.
- wouldbecouldbe 7mo agoStill point stand that fraud is at times punished harsher then rape or child molesting
- andrepd 7mo agoRape and child molesting is often, unfortunately, hard to prove in a court of law. This case is the opposite.
- graemep 7mo agoYou are missing the point. When these crimes are proved in court they get lower sentences. The lower conviction rates are unavoidable. The shorter sentences are not. I remember once reading two bits of news about people given similar sentences. One for copyright infringement, the other for sexual assault of a teenager.
- Hendrikto 7mo agoIn Germany, financial crimes are often punished much harder than capital crimes too. Tells you where the priorities lie.
- Sharlin 7mo agoTo be fair, that’s pretty common and the justification is that it’s much more difficult to get caught (and the criminals are usually much smarter and better at not getting caught too).
- carlosjobim 7mo agoWhere is that justification given?
- olalonde 7mo agoIt's criminology 101. Expected punishment = probability of being caught * severity of punishment. https://en.wikipedia.org/wiki/Deterrence_theory https://en.wikipedia.org/wiki/Deterrence_theory
- carlosjobim 7mo agoWhat I wonder is, where is this philosophy stated in the code of laws or in the proposals and discussions by law markers? I'm not disagreeing with the idea, but we need some evidence.
- alpinisme 7mo agoWell, you could look at it from the perspective of incentives. The number of people who would commit a financial crime for $LARGE_SUM in exchange for a short stint in prison is much higher than the number of people who would commit rape or murder for the same stint. Most people don’t even want to commit murder or rape. But most people do want money and if you presented them the opportunity to get it in a non violent manner that they could rationalize in any way…well, now you need some heavy disincentives.
- 7mo ago
- mcfedr 7mo agothey mostly get elected to positions of great power i guess
- casey2 7mo agoMost don't even get sentenced at all, what's your point?