Chapter 1

http://www.cbc.ca/canada/story/2009/09/15/white-collar-crime015.html

Summary:
The article I finished reading is about sentencing tougher jail time and penalties for criminals convicted of serious fraud targeting at white collar crime. Justice Minister Rob Nicholson plans to enforce mandatory penalties for frauds, allows the court to approve longer sentence if the case is serious and also give compensation for the victims, some who lost all fortune to fraud. Current law allows people who are convicted with fraud escape with only having to serve one sixth of their sentences. If this plan is passed by the house of commons, i believe it will extraordinary decrease frauds in Canada.

Connection:
In chapter 1, the two primary sources of funds are from creditors and investors. Hypothetically, a person is trying to scam investors and creditors by creating a company, a fake corporate profile and financial section. The crook can easily disappear without a trace, taking millions of hard earning from families, leaving them to file bankruptcy. But say if the scammer is caught and sentenced with six years in jail and a slap on the wrist. It is possible for the criminal to be released after only serving one year in jail, because of our tolerate and relaxed law. However, the scenario would be much different if our government have had passed the law. The criminal would be locked up for a longer period of time and the poor families would not have to file bankruptcy, because they received compensation from government.

Reflection:
Many voters online have voted "Too lax"(81%, 929). They find the law is still too soft on the criminals. In my opinion, i believe the law is in the middle of too lax and just right, because i agree with depending on the serverity of the case, different people, will get different sentenses. However, i think the jail time should be extended and a massive fine should be given.