Monday, July 24, 2006

US-style law to allow plea bargaining for big City fraud cases / The Times, 24 Jul 2006

http://www.timesonline.co.uk/article/0,,2-2282939,00.html
Frances Gibb
"Longer sentences for bigger offenders is part of a new system to deal with an annual £14bn bill. TOUGH US-style approach to big-money City fraudsters, including sharp increases in prison sentences and a national fraud squad, was be announced by the Government . The plans, aimed at cutting the economy’s annual £14 billion fraud bill, include pleabargaining, whereby lesser defendants are offered lenient sentences or witness immunity in return for vital evidence against a “Mr Big”. The authorities believe that such measures are essential if the British criminal justice system is to stand any chance of curbing the rising levels of high-finance fraud."