Getting justice can require a lot of effort, and usually at some point we’ll just give up, which is what the cheaters rely on.
I just read this compelling op-ed by Brendan Ballou, “One Man Stole $660 Million. He’ll Never Pay It Back,” which tells the story of several brazen white-collar criminals who avoided prosecution for federal crimes by the simple expedient of bribing the president of the United States. Ballou argues, though, that there could still be ways of catching these guys: In a world where the Department of Justice and the president are either indifferent to or actively support rich criminals, what can be done? Fortunately, there is a range of legal tools that ordinary citizens can use to pursue civilly the sort of corruption that would ordinarily be prosecuted criminally. The shareholders potentially cheated by Mr. Wiederhorn could sue the Trump inaugural committee under the federal civil RICO law — written to destroy the Mafia — for seemingly helping to secure Mr. Wiederhorn’s freedom. Companies that follow the law can sue rivals, like Binance, that do not, under California’s Unfair Competition…
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