Yes I agree with you there. There are a whole host of blue collar crimes that have too high a penalty as well. I'm not saying don't change the sentences. Just noting the difference. I personally tried to convince multiple people that insider trading should be illegal and prosecuted (example of white collar crime that is hard to pinpoint someone who suffers directly). Between libertarian-minded people and very left-wing people, it's hard to convince some people I know that want to eliminate prisons (left) or regulations (libertarians), that we should be handing out penalties for certain things, let alone stiffer penalties. Prosecute fraud? I'm with you on that!
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