Bernie Madoff, Jordan Belfort, Elizabeth Holmes, Sam Bankman Fried, just to name some infamous cases
False. SBF was specifically convicted of committing wire fraud on FTX customers, not just investors/lenders.
https://en.wikipedia.org/wiki/United_States_v._Bankman-Fried
not just investors/lenders
Still waiting on the non-billionaire investors example.Don't most instances of corporate malfeasance result in "stealing money from the wealthy"? If you do a bad, try to cover it up, and then try to raise money from investors, that's basically stealing money from them.
My point is that it seems that the only circumstances that lead to corporate decision makers being held to account for wrongdoing is if someone can link their wrongdoing to a financial fraud.
Who went to jail for the BP oil spill? The wells Fargo auto signing? Will anyone go to jail for the price fixing for rentals?