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.

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bryanrasmussen 5 hours ago | parent | next [-]

Generally 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.

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ajam1507 4 hours ago | parent [-]

Seems like the appropriate place for a non-violent offender.

	▲	ebbi 2 hours ago \| parent [-]
		I 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?

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golem14 5 hours ago | parent | prev | next [-]

Right, cough, https://en.wikipedia.org/wiki/Martin_Shkreli, cough.

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mothballed 4 hours ago | parent [-]

Shkreli'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.

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stevenally 4 hours ago | parent | next [-]

"He wasn't convicted for that". Maybe that's the point. Maybe he should have been.

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golem14 4 hours ago | parent | prev [-]

> 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 ?

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mothballed 4 hours ago | parent | next [-]

It'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 4 hours ago \| parent [-]
		I 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.

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loeg 2 hours ago | parent | prev [-]

You're moving goalposts.

	▲	golem14 2 hours ago \| parent [-]
		>> 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?

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ClumsyPilot 3 hours ago | parent | prev | next [-]

For 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

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jibal 2 hours ago | parent | prev | next [-]

In the U.S. you get pardoned for a fee. The pardon office's motto is "No MAGA left behind."

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kcatskcolbdi 4 hours ago | parent | prev | next [-]

Generally the only people that get harshly punished in the west are the ones who steal/defraud from rich people.

	▲	prewett 2 hours ago \| parent [-]
		Who's defrauding poor people? The risk/reward is much better for defrauding rich people...

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kebez 4 hours ago | parent | prev [-]

[dead]