121–130 of 338 posts
In previous discussions, I said there was a 0% chance she got some sort of deal. I was downvoted to hell, but this guilty plea shows how it works in real life, not TV. The deal is you cooperate voluntarily and the court is allowed to provide sentencing leniency. The only thing she gets is the prosecution agrees to tell the court she cooperated.
Why is she's out on bail if she has already plead guilty? What's the next step for her?
Any ideas why these prosecutions are moving forward so fast? Usually this stuff takes forever as evidence is carefully gathered. Curious if anyone has any insights here.
Does this cooperation mean that those fraudsters don't go to prison? The whole team knew about stealing billions of dollars of money, clearly there's more than 1 person (and more than 1 company's executives) that need prison time.
It doesn't say specifically but if there was a grant of immunity it would probably say so. More likely they are pleading guilty which usually gets a lesser sentence in exchange for full cooperation and no trial.
It's hard for me to fathom being so privileged and then essentially throwing away your life. I have no idea what they were thinking.
I really hope Caroline and Gary go to prison too. It would be a slap in the face if they got some absurd plea deal where they didn't have to go to jail if they testified against Sam.
Notably: > Ellison and Wang are cooperating with the SEC’s ongoing investigation...
It's hard for me to fathom being so privileged and then essentially throwing away your life. I have no idea what they were thinking.
it's exactly because they're so privileged. If you ever see posh people being arrested for incredibly stupid white collar crime it's usually because they live on the assumption that nothing is ever so serious that someone can't bail you out of.
It's hard for me to fathom being so privileged and then essentially throwing away your life. I have no idea what they were thinking.
It's hard for me to fathom being so privileged and then essentially throwing away your life. I have no idea what they were thinking.
I really hope Caroline and Gary go to prison too. It would be a slap in the face if they got some absurd plea deal where they didn't have to go to jail if they testified against Sam.
On the other hand, great lawyers and connections might still make something out of it.