Show Summary Details

Page of

PRINTED FROM OXFORD HANDBOOKS ONLINE ( © Oxford University Press, 2018. All Rights Reserved. Under the terms of the licence agreement, an individual user may print out a PDF of a single chapter of a title in Oxford Handbooks Online for personal use (for details see Privacy Policy and Legal Notice).

date: 17 September 2021

Abstract and Keywords

Some white-collar offenders receive very long prison sentences. However, many others are able to cut deals, especially if there is the risk of serious collateral damage to employees or customers or if they can portray their conduct as unintended. The low chance of conviction and the high chance of a “light” sentence for complex, multiple-jurisdiction frauds involving sums of money that are vast compared with other types of crime for gain should make us reflect on the effectiveness, dissuasiveness, and proportionality of existing sentencing practices. The criminal careers of fraudsters and their stakes in respectability vary, and we cannot make clear evidence-based decisions on how sentencing will affect them. If conviction and formal censure alone were sufficient to put an end to offending (as for some professionals who lose their licenses), then the only reasons for tougher sentences would be retribution and a social demand for equality of suffering.

Keywords: white-collar offenders, fraud, deterrence, retribution, sentence

Access to the complete content on Oxford Handbooks Online requires a subscription or purchase. Public users are able to search the site and view the abstracts and keywords for each book and chapter without a subscription.

Please subscribe or login to access full text content.

If you have purchased a print title that contains an access token, please see the token for information about how to register your code.

For questions on access or troubleshooting, please check our FAQs, and if you can''t find the answer there, please contact us.