Jail time for white-collar crime — based on the value of a Human Life

This idea for a Citizen passed law would assign white-collar crime sentence equal to the equivalent of a violent crime sentence based on the Federal Government’s estimated value of a human life.

It doesn’t seem fair that people that commit “victimless” white-collar crimes can get off with such short sentences.    These are not victimless, true, nobody is physically harmed, but there can be psychological impacts, and much more.

According to https://www.theglobalist.com/the-cost-of-a-human-life-statistically-speaking/ 

Back in 2011, the Environmental Protection Agency set the value of a human life at $9.1 million. the Food and Drug Administration put it at $7.9 million, and the Department of Transportation figure was around $6 million.

So, if we go big and say the value of a human life = $10M in 2019 (of course tie this amount the newer Government Statistics) then a while collar crime of that dollar magnitude should carry a prison sentence equivalent to a sentence for killing a person.  Since these crimes are per-mediated, the sentence should also match a 1st degree murder sentence.  For financial crimes above and below $10M, the sentence could be prorated accordingly.


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