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Author Topic: Can consumer credit counselling help?  (Read 406 times)

Offline Holden McGroin

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Can consumer credit counselling help?
« on: June 28, 2003, 09:10:22 PM »
MP3ers beware...

TAMPA, Fla. AP - A man who admitted scheming to steal satellite television signals has been ordered to pay $180 million in restitution in $500-a-month installments — a payment plan that would take 30,000 years to fulfill.

Steven Frazier, 28, pleaded guilty to conspiracy in a scheme to manufacture and sell devices to decode satellite TV signals and allow people to get premium service for free. He also received a five-year prison sentence.

A federal judge ordered restitution Wednesday based on a formula of how much Frazier's intended victims, DirecTV and EchoStar, would have lost had the scheme succeeded.

Frazier's attorney, Kenton Sands, said his client is not expected to pay off the entire $180 million, {no sh*t?}[/i] but the installments will crimp his budget once he's out of prison.

Jeeze... and what did OJ get?  Maybe Frazier can get one of these consumer credit counselling services to help him...
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Offline Bodhi

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Can consumer credit counselling help?
« Reply #1 on: June 28, 2003, 09:18:18 PM »
Yeah, that settlement is going to amount to a whole lot when he comes out of prison and declares bankruptcy... ohh and gee, guess what, the citizens get to pay for his 5 yrs of leisure time as well.  What a crock our whole legal system has turned out to be.
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Offline Sandman

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Can consumer credit counselling help?
« Reply #2 on: June 28, 2003, 09:41:17 PM »
It's even sillier... they are essentially making him pay for damages he might have caused had he been successful.
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sand

Offline Russian

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Can consumer credit counselling help?
« Reply #3 on: June 28, 2003, 09:50:42 PM »
WTF is wrong with this country’s judicial system....
unbelievable.
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Offline Nash

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Can consumer credit counselling help?
« Reply #4 on: June 29, 2003, 12:57:56 AM »
...doesn't seem right.
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Offline Seeker

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Can consumer credit counselling help?
« Reply #5 on: June 29, 2003, 04:35:25 AM »
And what did the Enron guys get???
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Offline SaburoS

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Can consumer credit counselling help?
« Reply #6 on: June 29, 2003, 04:49:37 AM »
Quote
Originally posted by Seeker
And what did the Enron guys get???


A big fat expensive legal team to keep them out of trouble.
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Offline Fishu

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Can consumer credit counselling help?
« Reply #7 on: June 29, 2003, 06:12:59 AM »
Eh.. 180 million for just a 5 year sentence?
Oh come on...  :rolleyes:

Thats just bull for something which didnt even work out!

He couldn't have made even nearly 180 mils had he worked it out through his life without getting caught :P
(it'd been fixed in 5 years tops and since its illegal business, no way he'd get even near the cash piles)

US court again showing its reasonability in rightnesness..
I think the court hasn't became just blind, but mindless as well.
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Offline Bodhi

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Can consumer credit counselling help?
« Reply #8 on: June 29, 2003, 09:23:08 AM »
While I definitely do not condone the theft, nor the attempt, all that case shows is how in the pocket of big business our legal system is.  Especially with the attorneys of today exploiting every possible loop hole that exists.  Whats next, fediddleing PRE-Crime.....

What a crock of sh*t!

:rolleyes:
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Offline Udie

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Can consumer credit counselling help?
« Reply #9 on: June 29, 2003, 09:36:29 AM »
seems like double jeapardy to me.  I wouldn't pay a dime after 5 years in prison (a more fitting penalty to me)  I'd tell the judge to kiss my white arse.
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