The Next Time You Purchase Something

[The Lone Liberal]

You might want to reflect on this fact. Part of the price you are paying is due to corporate crime. Things like padding of expense accounts, embezzlement, hiding money offshore, etc.

David Callahan in his book, the Cheating Culture quotes The Association of Certified Fraud Examiners, a group of that searches for corporate crime using forensic accounting techniques. Callahan says that the ACFE is the most authoritative source on corporate crimes and the ACFE states that corporate crime is big, big.

According to the ACFE the US economy is hit with a large bill for corporate crime. Care to guess how large they say that bill is annually?

[greatauntoftriplets]

1. They get us coming and going, don't they?

Yet the judicial system locks up people for holding a little weed. The rich indeed are different from you and me.

[The Lone Liberal]

2. Answer is $600 billion, or 6% of the GDP

Sort of like a tax. Of course if we increased the budget of the watch dog agencies we could do it cheaper.