Make-believe jail time for CDN criminal fraud.Detective Fred Kerr makes some excellent points in this Toronto Star article, Views from behind a fraud detective’s desk.
The sentences we’re getting in Canada are truly an embarrassment, because they’re so low.
A few years ago I had a $7.5 million investment fraud in Vaughan, a Ponzi scheme. He was targeting teachers … 35 people lost $7.5 million. Some people mortgaged their homes to invest with him. Some lost their life savings. He was sentenced to 4 1/2 years in jail, but realistically he was out on the street after just 13 months.
Q: What can be done to keep criminals behind bars longer?
A: The federal government recently introduced legislation to change that, so white-collar criminals will spend more time in jail. It’s long overdue …
Low sentences and conditional sentences served at home aren’t enough. We call it “make-believe jail,” because people are sitting at home and it’s hard to enforce. … There’s no deterrent there.
Q: What signal does that send?
A: In Canada we see a lot of people re-offending. That’s common. We re-arrest them many times and then they’re back on the street.
If you’re thinking of buying a franchise, talk to an experienced copper. They know how next-to-impossible criminal fraud is to prove and how expensive the civil justice system is.
This is how I saw the story on WikiFranchise.org as it relates to my experiences in franchising.