Do financial crooks ever pay back their victims?

Do financial crooks ever pay back their victims?
This guy’s a generous criminal

I’ve read about crooks being required to pay back their victims, and I’ve always wondered: how can they pay back any money if they’re in prison?

Turns out, they can’t.

Especially the ones accused of huge financial crimes.

The newspaper USA Today examined hundreds of cases where criminals were ordered to pay over $25 million in fines or restitution, and discovered that the government has collected only 2 cents for every dollar owed.

Three reasons:

  1. Courts order criminals to pay without considering how much money they have.
  2. Criminals like to spend money.
  3. They’ve hidden their stolen money so it can’t be found.

Swindlers rarely pay huge, court-ordered fines, USA Today>>

Tagged : / /

2 thoughts on “Do financial crooks ever pay back their victims?

  1. Did you know you that it’s possible to declare added write offs and also the Standard deduction? I did not either. I thought you could only take the Standard deduction and that was all. There are many more tax deductions that are to be claimed while also claiming the standard deduction the IRS allows. Find out if you have any deductions you have been missing at this website:

Leave a Reply

Your email address will not be published. Required fields are marked *