> The CEO and board supervising the crimes might be long gone and no longer a part of the corporation by the time the law catches up with them and the owners / shareholders are left holding the bag.

Did these people continue to maintain the processes and rules enacted by their predecessors? If so they aren't "left holding the bag", they are the remaining beneficiaries of the system. If you are one of the few who have the power to stop something but you don't because you benefit from the status quo, you aren't a victim. You are the perpetrator.