The recent convictions and lengthy prison sentences for numerous corporate executives — people who are worth tens or hundreds of millions of dollars — raise a simple question: Why didn’t they flee to some tropical paradise?
While it is hard to uproot your life and your family and to move to a distant corner of the globe, it is no harder than spending a decade or more in a federal prison. And, of course, fleeing will be seen as an admittance of guilt. Yet, isn’t it better to flee and be deemed guilty by the public than to stay and be declared guilty by a jury? In the final analysis, the reason why more corporate defendants are not “lamming it” may be that few fugitives ultimately succeed in either living an enjoyable life or avoiding punishment.
This content has been archived. It is available through our partners, LexisNexis® and Bloomberg Law.
To view this content, please continue to their sites.
Not a Lexis Subscriber?
Subscribe Now
Not a Bloomberg Law Subscriber?
Subscribe Now
LexisNexis® and Bloomberg Law are third party online distributors of the broad collection of current and archived versions of ALM's legal news publications. LexisNexis® and Bloomberg Law customers are able to access and use ALM's content, including content from the National Law Journal, The American Lawyer, Legaltech News, The New York Law Journal, and Corporate Counsel, as well as other sources of legal information.
For questions call 1-877-256-2472 or contact us at [email protected]
