How is restitution used in white collar crime cases?
Restitution is one of the most common forms of punishment used in white collar crime cases in California. Generally, restitution is a court-ordered repayment for damages suffered by the victim of the crime. Restitution may be ordered for financial losses, emotional distress, medical expenses, and other sanctions incurred from the criminal activity. In California, restitution is often used as a penalty for white collar crimes such as embezzlement, fraud, and other financial or investor crimes. When a defendant is found guilty of a white collar crime, the judge may order them to make restitution in order to pay back the victims of their crime. If the restitution amount is too high to pay in one lump sum, the defendant may be granted an installment payment plan. Restitution is an important part of the penalty for white collar crimes, as it helps to make up for the losses that the victims have suffered. Restitution also serves as an effective deterrent to potential criminals, as it shows them the severity of the penalty for these types of crimes. It also serves to hold the defendant accountable for their actions and serves as a reminder of their wrongdoing.
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