I was just reading about a violation of the Canadian fisheries act that has a maximum penalty of $200k, and realized the absurdity of there ever being a maximum fine.
There should be no maximum fine on any corporate penalty given that we do not cap the size of corporations or their bank accounts.
It would be like having maximum jail terms of 25 years for immortal beings that can live to 10,000.
Operate fines should be a % of income + the amount of illegal gains. Most times the fines today are much lower than the amount of profit they make from committing the crimw
fines should be levied against the company itself while the c-levels get arrested for the crimes they orchestrated. if you or i committed even a fraction of the crimes that c-levels get away with, we’d be in prison for the rest of our lives.
Damn straight