On: Theranos former president found guilty on all fraud counts

[paulpauper]

going away for a loooooong time. The sentencing will probably probably amount to a life sentence at medium security prison. so much for the popular belief that America is soft on white collar crime. hardly.

he fucked up big time

[wolverine876 → paulpauper]

> so much for the popular belief that America is soft on white collar crime.

If you are correct about the punishment, how does a single trial outcome support your claim? What about the endless fraud on Wall Street, for example? Around 2008, for example?

[raiyu → paulpauper]

White collar crime doesn’t dole out that sort of punishments unless defrauding the IRS is involved.

Will be some jail time but no where close to life. Just doesn’t happen that often that there is a precedent for that.

[icedchai → paulpauper]

If he's not out in 3 or 4 years for "good behavior", I'll be shocked.

[listenallyall → icedchai]

Don't know what the initial sentence will be, but Federal prison is tough. There is no parole, and the max you can shave off a sentence is 54 days per year. If the sentence is 10, 20 years or more, prepare to be shocked, because he ain't getting out in 4.