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Old 07-13-2015, 05:30 PM
aaron1050 aaron1050 is offline
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Quote:
Originally Posted by Peter_Spaeth View Post
According to the plea agreement again, the maximum fine is twice the gross gain. And obviously I know how to read, my point is that "appropriate" has to be defined in terms of what the law provides.
Why? I characterized what I felt would be appropriate punishments for Mastro and crew, not what would be appropriate per applicable sentencing guidelines.

Given the breadth and volume and time period of the fraud, it's brazen nature, and the lack of remorse expressed, my gut tells me 7-10 years and $3M to $5M would have been these guys getting "what they had coming" and an appropriate punishment.

As it is, they're going to jail for a decent amount of time so at least there's that. And at least there's no more real quibbling. Everyone knows these guys are convicted criminals who will do time. Considering where we were with the Mastro/Legendary guys in 2008, it's pretty incredible that we reached this point.