Originally <a href='/showthread.php?p=18362024'>posted</a> on 04/11/2013:

In a previous article I read, it said the US Govt is looking to seize a billion dollars in assets which is idiotic. Just because you take in a billion dollars in bets doesnt mean you made a billion dollars or anywhere near that. With all their smarts, it's sad they dont understand NET PROFIT.

Someone mentioned that it wouldnt be worth it for the tens of millions for the jail time. White collar crimes like these will rarely get more than 10 years. There's been people that have hustled citizens out of $100+ millions in ponzi schemes and if it's their first conviction, will probably get 10-15 years and get out in 3 with good behavior. Ninety percent of these people's assets are buried in other countries with no US jurisdiction and under other names that are multiple layers deep so good luck with trying to seize that. The success rate of seizing those assets is less than 20%.