Thursday, March 31, 2005
The United States is not the only one issuing stiff sentences for white collar offenders. Abroad, in Paris, an appeals court increased a prison sentence of a former official at oil company Elf Aquitaine (now Total) convicted in a "massive corruption scandal" The sentence was initially four years and the court increased it to seven. There was also a fine of 2 million euros. It remains to be seen what the high court in France will do with this sentence. (For more see AP story here).