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Billionaire Sentenced To Five Years In Prison

Friday, December 26, 2014 11:24

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No, don’t be ridiculous. Don’t even think it, or wildly speculate. It was not in the US and not a US billionaire.

Thomas Kwok
(image by Wikipedia (commons.wikimedia.org))

OpEdNews

Bloomberg News reports ”Billionaire Thomas Kwok, the former Sun Hung Kai Properties co-chairman, was sentenced to five years in jail and fined $64,460 for conspiring to corrupt Hong Kong’s No. 2 official.”

Just imagine that happening in the US– any billionaire going to jail. Is it possible?

The US has one more statistic going against it now– a nation where no billionaire goes to jail. And frankly, it surprises me that any nation has the integrity and strength of its justice system to actually bring such a wealthy person to justice.

Of course, even in Hong Kong, billionaire Kwok will be appealing his sentence and conviction.

There are more billionaires in the US than any other country in the world. The only one I can think of who was convicted was probably no longer a billionaire by the time he was convicted– Kenneth Lay’s Enron shares had become worthless. And then he died– though Wikipedia says, ”There have been conspiracy theories about his death.”

Still, with 492 billionaires, according to Wikipedia, we might estimate that at least 40 or 50 of them are psychopath or sociopath. That’s a frightening thought. Then again. there are no stats or studies on billionaires. It could be that half of them or more are predatory, narcissistic sociopaths.

As I’ve written in the series this article is a part of, it is time to legislate and by other legal means end the age of billionaires. They are far too dangerous, even the well meaning ones.

Maybe, though, the way Ken Lay ended up being prosecuted is the way it needs to be done– taking down the whole company that’s been run by a criminal.

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