{{statusText}}
{{statusText}}
jq79830

What are the financial penalties that may be given who is charged with white collar crime?

Note: {{noteText}}
{{noteText}}
 
 
  •  
  •  
  •  
Answered by Rachel Green
0 Upvotes

Ans:The financial penalties that may be given who is charged with white collar crime are as follows:
(a) Criminal fine: The court may grant a maximum fine mentioned in the statute for a white collar crime
which the court will otherwise rarely impose maximum fine.
(b) Restitution: This penalty is given to compensate the victim of crime and it is calculated according to
the victim's loss.
(c) Forfeiture: This penalty is given to prevent the defendant from self-enrichment and includes any
financial gains as a result of the crime. 
jca68405
Note: {{noteText}}
{{noteText}}
Written 3 years ago
 
 
  •  
  •  
  •  
Scroll Down