Why don’t penalties for fraudulent or criminal practices START at 100% of all revenue generated by such prectices and go up from there? If the only penalty for stealing $1,000 was a $10 fine, I’d just keep stealing - why are companies expected to do otherwise?
According to the article, that’s what happened. They paid back the $103 million of fraudulent overdrafts and a $150 million fine on top of that as punishment.
Why don’t penalties for fraudulent or criminal practices START at 100% of all revenue generated by such prectices and go up from there? If the only penalty for stealing $1,000 was a $10 fine, I’d just keep stealing - why are companies expected to do otherwise?
Because they can afford to buy legislators and we can’t
According to the article, that’s what happened. They paid back the $103 million of fraudulent overdrafts and a $150 million fine on top of that as punishment.