This is the part of the previous comment to which I was responding, giving just one example of how it's not the case. Limited Liability corporations protect business owners of all wealth levels. Just correcting a patently false claim.
I understand your concern about thread topic, but it's just not really applicable to my point above.
The person they were replying to and to which their point related to, was very much narrowing down and exaggerating corporate entities to a "small group of people" of the "wealthy and elite".
While these larger corporations limit larger amounts of liability, most people can create a business and have it as a company, giving them limited liability. Yes, large corporations have the money and resources to better limit their liability than a smaller corporation.
They weren't disagreeing with that person, but providing a more balanced view in which liability limitations benefit companies of all sizes, not just larger ones.
The problem is that in cases like these it's extremely difficult to prove such a thing, especially considering it's over many decades and potentially dozens of people.
There's also a bit of practical concerns where criminal prosecutions don't want to pick cases that are tough to win as it'll be resource intense to pursue them.
Of course like the Volkswagen situation you reference (in Germany) where the corporation operates may impact criminal prosecution.