Wednesday, September 21, 2016

NINE MONTHS FOR MONEY LAUNDERING, ON THE ISLE OF MAN, IS NO DETERRENT AT ALL


Let the punishment fit the crime; on the Isle of Man, that is not, apparently how the justice system works. A former fisherman, who confessed to moving what he believed to be drug money, out of the Isle of Man, and into the United Kingdom,  received a short nine month sentence, for his crimes, which involved sixty illicit transactions.

What is even worse is the fact that the judge opined that he received the sentence because he posed a moderate rick of reoffending. Taking someone out of circulation for such a short time, when you are worried he will return to money laundering, makes no sense. Also, how can one believe that such a sentence will deter others, who might be tempted to make such easy money this way ?

One more item: the other two defendants in the case got no prison time; one a suspended sentence, and the other, who cooperated, received community service. No wonder money laundering is out of control.



Contributed by Kenneth Rijock
Chronicles of Monte Friesner

No comments:

Post a Comment