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> You can’t buy your way out if you do something Not with money.
by pibaker 3mo ago
> You can’t buy your way out if you do something
Not with money.
- echelon 3mo agoIt's also not like the West doesn't impose extremely harsh punishments on the top financial crimes. You can go away for life if you steal enough money.
- golem14 3mo agoRight, cough, https://en.wikipedia.org/wiki/Martin_Shkreli https://en.wikipedia.org/wiki/Martin_Shkreli, cough.
- mothballed 3mo agoShkreli's investors straight up testified they didn't feel victimized and that they would invest with him again. He didn't lose them any money or have any actual damages to people for the crime he was convicted of. I don't think he'd go to jail for what he did there in China, or even probably Singapore. If you're thinking of the pharmacy drug price jacking thing, the thing he did that physically harmed many people, he wasn't convicted for that.
- golem14 3mo ago> Shkreli's investors straight up testified they didn't feel victimized That makes it right? And that is what you think is reprehensible about him ?
- mothballed 3mo agoIt's not right, but that's how you get convicted of these crimes in Asia. If you make your investors money, everyone is happy, it's incredibly, incredibly incredibly unlikely you'll be convicted for defrauding them. In fact in the USA it's extremely rare to get convicted of defrauding a person that got the returns they want and have no interest in pressing charges. Now maybe if you hurt someone else in the process you'll get convicted, but that's not what happened in Shkreli's fraud conviction, the only people he was accused of harming were the investors who said weren't harmed and had no damages or interest in prosecution. What happened to Shkreli was a most extreme anomaly practically worldwide.
- golem14 3mo agoI don't agree. If this sleazeball had done this in China, there's a good probability that with enough complaints he'd seen a pretty swift reckoning. IMO, the Chinese government has a pretty good ear for the happiness of their population. It depends on how the complaints are voiced. Karen-like entitled complaints are definitely not working there. Often, legit complaints also do not work, but sometimes they do. I'm curious if this particular guy is actually going to be executed or the sentence being commuted to life without parole, like in other cases. Looks like it's not.
- loeg 3mo agoYou're moving goalposts.
- golem14 3mo ago>> It's also not like the West doesn't impose extremely harsh punishments on the top financial crimes. You can go away for life if you steal enough money. > You're moving goalposts How?
- stevenally 3mo ago"He wasn't convicted for that". Maybe that's the point. Maybe he should have been.
- bryanrasmussen 3mo agoGenerally in a federal prison for non-violent offenders. on edit: In the U.S obviously, in Western European nations I would assume better conditions than that even.
- ajam1507 3mo agoSeems like the appropriate place for a non-violent offender.
- ebbi 3mo agoI suppose it is only non-violent on the surface. What if the stolen money could have been used to strengthen the healthcare system or improve citizens’ lives in other ways?
- bryanrasmussen 3mo agoI certainly don't want him sent somewhere violent, but the life in prison for financial crimes is generally less harsh, when comparing experiences not reasons for imposition, than life in prison for other things. Also, just off the top of my head I would expect many people getting life in prison for other things are younger than people getting life in prison for financial crimes, since financial crime tends to happen between mid 30s to mid 40s and violent crime tends to happen in teens and twenties. Assuming that the reason for skewing financial crime higher, because needing business connections and experience to pull off, holds with the size of crime without an stats to back me up I will say my naive expectation is the financial crimes that earn you life in prison would tend to be in the 50s, while the violent crimes mainly remain teens and twenties.
- bryanrasmussen 3mo agoObviously I don't mind anyone proving me wrong by going and doing the actual statistics work that I can't be bothered to do. I just have suppositions that I have not bothered to confirm as they do not significantly impact my life whether correct or incorrect.
- 3mo ago
- kcatskcolbdi 3mo agoGenerally the only people that get harshly punished in the west are the ones who steal/defraud from rich people.
- prewett 3mo agoWho's defrauding poor people? The risk/reward is much better for defrauding rich people...
- harimau777 3mo agoWage theft is the most common form of theft in America.
- kebez 3mo ago[dead]
- ClumsyPilot 3mo agoFor UK I have: Grenfell tower scandal (over 100 dead, no one in prison), infected blood scandal (thousands dead, no one in prison), postmaster scandal (thousands falsely imprisoned , no perpetrator in prison), no Eipstein clients are I. Prison to this day, Covid procurement was corrupt, no one went to prison And finally no one went to prison for the global financial crisis, which was caused by fraud
- jibal 3mo agoIn the U.S. you get pardoned for a fee. The pardon office's motto is "No MAGA left behind."
- someguynamedq 3mo agoDoes this actually happen in practice?