The Treatment of White-Collar Cases: The US Sentencing Commission Guidelines
Even when a corporate leader has engaged in massive fraud affecting thousands of people, such as what occurred at Enron, sentences of twenty or more years hardly seem necessary to satisfy the traditional sentencing goals of specific and general deterrence—or even retribution.
On the other hand, this theory has at least one major weakness: as a practical matter, judges have retained a great deal of discretion in white-collar cases. After all, a large portion of the criminals in our sample (roughly 42% ) fall into "Zone A," the section of the Sentencing Table in which judges have a choice as to whether to imprison an offender. Judges also retain a great deal of discretion in meting out fines because the ranges on the Fine Table are so wide. Still, it may deserve further consideration. The Yale Studies' hypothesis of the leniency and severity paradox might also shed some light on why conditioning sentences on base offense levels reverses our findings. Perhaps base offense level does not account for the factors that, pre-Guidelines, the Yale Studies found encouraged severity against high status defenders.
The individuals that get caught can face federal or state charges plus felony penalties (Kelly, 2002). White collar crimes are still prevalent in the United States since ordinary white collar cases are still prevalent in the country. These cases include: bribery, fraud, stock manipulation, securities fraud, embezzlement, computer fraud, Medicaid fraud, extortion, hedge fund fraud, as well as a mortgage broker fraud among others. The crimes also entail money laundering, bribery plus tax evasion (Perskin, 2011). These crimes are carried out with the intention of financial or economical gain. They, however, go unnoticed for years. The crimes are also common since they keep on causing serious issues to taxpayers in America, in surplus of two billion every year.
Judicial discretion creates disparities and bias when sentencing any criminal defendant. It is common sense that a defendant’s conduct should determine their final punishment, not Ohio’s flawed sentencing procedures.
Israel, J. (2009). White collar crime: Law and practice (American casebooks). Racine, Wisconsin: West Publishing.
Kelly, S. (2002). Understanding white collar crime. San Francisco: Lexis Press.
Perskin, B. (2011). Common White Collar Crimes. New York: HG, Global Legal Resources.
Strader, J. (2006). Understanding white collar crime. New York: Matthew Bender & Co.