this post was submitted on 22 Feb 2024
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[–] Ranvier@sopuli.xyz 15 points 9 months ago* (last edited 9 months ago)

By New York state law you are, any "ill gotten gains" must be surrendered. And the fine accumulates interest during any appeals to boot. it's why Trump is getting his nearly half a billion dollar fine. I wish all fraud laws were that way though. I believe most are typically based on common law fraud, and usually there's some kind of flat fine and the the rest is based off provable damages to other parties, rather than the amount of profit.