best casino bonuses australian online casino au dollars trusted online gambling internet casino download old information online us casinos las vegas best online casino craps flash casino games mac play online vegas

Get Our Newsletter



Links

Columnists



Site Search


Entire (RSS)
Comments (RSS)

Archive Calendar

March 2011
S M T W T F S
« Feb   Apr »
 12345
6789101112
13141516171819
20212223242526
2728293031  

Guides

How to Become a Bounty Hunter



Justice Dept. Collects Only a Teeny Fraction of Swindlers’ Fines

By Allan Lengel
ticklethewire.com

Since the year 2000, the government has only collected about two cents on the dollar from hundreds of the nation’s biggest swindlers who were fined by federal judges, USA Today reports.

A USA Today reported that its analysis of Justice Department records shows the difficulty of the Justice Department collecting fines from scam artists who profited from the housing and financial crises.

“A vast number of these cases … there will never be any money collected,” Ray Hassett, a Connecticut lawyer who used to supervise collection efforts for the U.S. attorney’s office there said, according to USA Today.

The paper examined 258 cases since 2000 in which judges ordered a criminal to pay $25 million in fines or more. Some some thieves paid what amounted to less than a speeding ticket, USA Today reported.

The paper reported that the biggest judgments totaled about $30 billion, the Justice Department has only collected about $660 million so far.

To read more click here.


Print This Post Print This Post

Write a comment

You need to login to post comments!