I wish all headlines read like this instead of "here's why you should be scared"
There is no research I’m aware of on people for whom the prospect of punishment did act as a deterrent (i.e. people who decided not to commit the crime).
So I argue that there is a very big selection bias in literature surrounding the effectiveness of punishment as a deterrent .
Of course, those prisoners aren’t billionaire healthcare CEOs, so maybe not…
However, I don't think it's practical to get fraudsters to pay back all the money in most cases as they won't be able to. What we need is a faster way to detect and imprison fraudsters to limit the damage they do. Also, most people don't respond to the "size" of punishments, but more to the likelihood that they will be caught.
And no, the severity of the crime does not (IMHO) justify it.
AMENDMENT XIII
Section 1. Neither slavery nor involuntary servitude, except as a punishment for crime whereof the party shall have been duly convicted, shall exist within the United States, or any place subject to their jurisdiction.
The discussion around billionaires needs to move away from taxing their income and beyond taxing their wealth. We need to start talking about how much of their wealth we should be taking away. Light it on fire or delete it. The whole world will be better off.
If only the big scams are being caught (and we don't know what % are being caught), there's likely a lot more going undetected.
1. Arrest and convict scammer
2. Scammer pays bribe from ill gotten gains
3. POTUS profits and scammer let out of jail
Here's what to watch: how long it takes for a donation to show up to the Trump library and how soon after that the sentence is commutted. This has erased roughly $1 billion in penalties so far since January 20. Hell, it might only take $1 million.
[1]: https://www.justice.gov/archive/opa/pr/2003/June/03_civ_386....
It’s something at least.
From there, of course, it's a short hop to "he has more than enough money left over to purchase himself a pardon."
where was the FBI for the last 40 years? or did he really just go postal post-covid?
They'll get doctors as well? Hopefully they are part of the co-conspirators group they mentioned they convicted at the start. Criminals are going to be criminal, but it's especially disheartening when doctors engage in this. All those years going to school should be canceled and thrown into the trash immediately if they get convicted of these kinds of crimes. The path of ever being a doctor should be closed for them.
This is just a step adjacent to the online pill mills for ED medication, GLP-1s, and ketamine, only the advertising and service delivery has been adapted to the elderly that don't use the Internet.
Instead of ads online it's ads on daytime television bragging for free orthopedic supports and braces at no charge to you if you "call today" while they link you up to someone that signs a prefilled script for fifty bucks a pop to bill out to Medicare.
