Posted 1/5/2024, 11:19:53 AM
Congress Seeks More Transparency on Corporate Crime Prosecutions Amid Claims DOJ Goes Easy on White-Collar Offenders
- Congress introducing legislation to require DOJ to publish data on corporate and white-collar crime, which costs over $300 billion annually compared to $16 billion for street crime
- Lack of prosecution of corporate criminals like Purdue Pharma and Sackler family over opioid crisis
- DOJ lacks resources to prosecute deep-pocketed corporations, often just getting agreements for better behavior
- DOJ claims it focuses prosecutions on most serious corporate wrongdoing, but critics say executives too big to jail
- Racial disparities exist even among white-collar prosecutions, with Black and Hispanic males receiving longer sentences than White males