And a common federal tactic, so-called “deferred prosecution,” is in effect a “get out of jail free” card for executives, says the jurist.
Although the public might like to see accused executives wind up behind bars, they don’t because the U. Department of Justice finds it easier to prosecute corporations instead of the people who run them, he says. Rakoff’s work as a prosecutor is covered in Jesse Eisinger’s recently released book .
It is no longer necessary to argue for the importance of white-collar crime.
Its devastating financial and physical effects are obvious.
These theories address how crime opportunities are formed by immediate environments and then discovered and evaluated by potential offenders.