And for deterrence to other Ponzi scheme or corporate crime? Well, most of those guys are now booking flights to countries without extradition treaties. Why bother confessing?
In the federal system, even if his sentence was 12 years, he would still have to serve 85% of his time. That's a lot of time for a 70 year old man.
So remind me, what was the point of this sentence? Oh, I know, we are into vengeance. And that's good because....?
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