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10 years in prison or pay $100m to go Free ...Justice ?

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posted on Aug, 5 2014 @ 05:13 AM
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That's the tough choice that could be offered to F1 boss Bernie Ecclestone later today , well seeing as Ecclestone is an 83 year old Billionaire I guess it's not such a tough choice.

Ecclestone is up before a German court on accusations of bribery relating to the sale of shares in the lucrative Formula 1 business where if convicted he could face up to 10 years in prison , his co conspirator (not a Billionaire) was sentenced to eight and a half years in prison in 2012.

So proof if ever it were needed that it's one law for us and another for the super rich , justice ....Hah ! , the law is an ass.

It would mean that Mr Ecclestone would not be pronounced either guilty or innocent.
Germany's former justice minister, Sabine Leutheusser-Schnarrenberger of the Liberal FDP party, criticised use of the loophole, saying it was "not just bad taste - it's really insolent".
She said it allowed rich people to go free, whereas the less well-heeled could face prison.
www.bbc.co.uk...


It remains to be seen if Ecclestone will remain in charge of Formula 1 but as he won't have been convicted of anything I think the chances are it's highly likely he will.




posted on Aug, 5 2014 @ 05:22 AM
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a reply to: gortex

What a disgrace. He might get away Scott free from this mess, but what honour he had is lost. Confounded dragon upon his hoard is what he is.



posted on Aug, 5 2014 @ 05:24 AM
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a reply to: TrueBrit

Like this piece of # gives a damn about honour. If he did that, he would not have made his fortune the way he did.

If anything this probably elevates his status amongst his peers for his brazen corruption.
edit on 5-8-2014 by Firefly_ because: (no reason given)



posted on Aug, 5 2014 @ 05:40 AM
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Its a tough one. I loath corruption, but the guy is 83 and people that old do stupid #. I actually find his daughters and their undeserved, obscenely luxurious lifestyles more offense than this
edit on 5-8-2014 by raberto86 because: (no reason given)


+5 more 
posted on Aug, 5 2014 @ 05:46 AM
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Wait a minute... this guy is suspected and being accused of bribery, and the court (prosecutors) will END his trial for an offer of $100m???? Can anyone else see the irony here?

Wow, just wow.

edit on 8 5 2014 by JohnTheSmith because: Grammar



posted on Aug, 5 2014 @ 05:47 AM
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"All animals are equal, but some animals are more equal than others."

Ol George Orwell should be right up there with Nostradamus I reckon.

2+2=5



posted on Aug, 5 2014 @ 05:50 AM
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a reply to: raberto86




but the guy is 83 and people that old do stupid #.

This case stems back to a share sale that happened in 2006 , age is no excuse for corruption or dodgy dealings and anyone that knows of Ecclestone knows he is still sharp as a pin.



posted on Aug, 5 2014 @ 05:54 AM
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a reply to: gortex

Nobody aside from kiddie fiddlers and mass murderers should receive a 10 year sentence at 82 years of age simply because for all intents and purposes it a death sentence. And that is considered to be a cruel and unusual punishment. I'm not excusing his actions simply pointing out the shortcomings of such an sentence being imposed on someone of greater years.


That being said the money option is essentially purchasing your freedom so nothing new on that score. After all why do you think Justice is blind and carries a set of scales?
LoL
edit on 5-8-2014 by andy06shake because: (no reason given)



posted on Aug, 5 2014 @ 06:45 AM
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The deal has now been done , the original article has been updated.

A German court has agreed to end the bribery trial of Formula 1 boss Bernie Ecclestone in exchange for a $100m


Ecclestone is believed to have a net worth of $4.2 billion so 100 Million is just a drop in the ocean , that's one cheque he'll be more than happy to write.



posted on Aug, 5 2014 @ 06:53 AM
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One law for them and another for us - that's why none of us should care about the law.



posted on Aug, 5 2014 @ 07:09 AM
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The world is a joke... This should be a crime in itself.



posted on Aug, 5 2014 @ 07:13 AM
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a reply to: BasementWarriorKryptonite


Actually, his verdict goes along the same liberation from criminal proceedings which is used on "common" people. It was just multiplied by his wealth.

Judge Noll said that the suspicion against Ecclestone couldn't be hardened (verified enough) so that there was no reasonable way to further the proceedings.
In which case any accused person a liberation will be offered, for a monetary condition depending on the persons financial options.

I think they tried very long and quite hard to find facts to accuse Ecclestone - in the end, bribery did not hold enough potential, especially considering his old age. This way, SOME money will be paid as penalty.



posted on Aug, 5 2014 @ 07:21 AM
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a reply to: ManFromEurope

Whether it is this case or other cases which I have seen especially over the last year or so it really doesn't matter. People with lots of money or even high places in society are treated different to the common peasants. I have seen this with two similar crimes that were committed and one (An uncoming Lawyer) received a slap on the wrist for stabbing a guy to his head with a smashed beer glass in a Casino while another (Your everyday Electrician) received a 2 year jail term for the exact same thing in a Pub. The hypocirsy is unbelievable.

There is no consistency and I believe that if myself or any other common joe blow was in this Billionaires position we would be looking at double of what he received without an opportunity to weasel our way out of it.
edit on 5-8-2014 by DarknStormy because: (no reason given)



posted on Aug, 5 2014 @ 07:37 AM
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a reply to: andy06shake

no matter your age.



don't do it



posted on Aug, 5 2014 @ 07:47 AM
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originally posted by: ManFromEurope
a reply to: BasementWarriorKryptonite


Actually, his verdict goes along the same liberation from criminal proceedings which is used on "common" people. It was just multiplied by his wealth.

Judge Noll said that the suspicion against Ecclestone couldn't be hardened (verified enough) so that there was no reasonable way to further the proceedings.
In which case any accused person a liberation will be offered, for a monetary condition depending on the persons financial options.

I think they tried very long and quite hard to find facts to accuse Ecclestone - in the end, bribery did not hold enough potential, especially considering his old age. This way, SOME money will be paid as penalty.


So, if anyone else had done the exact same thing with that much money, they would get off with a much smaller fine, depending on their meagre bank balance?



posted on Aug, 5 2014 @ 07:49 AM
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I am going to take the opposite view from most on this. I think courts should be able to exercise this option more for wealthy people. $100MM is not a drop in the ocean for this guy. His $4.2BB net worth is just that, net worth. He doesn't have $4.2BB sitting in some account somewhere....there are assets he has. Likely so was the $100MM. The court essentially forced him to sell off $100MM in assets, which is huge. Just because the guy has a high net worth doesn't mean he has that sitting around in cash to pay the courts. That price hurts, and hurts bad for people like this. These people are notorious for penny pinching on things and making sure they are gaining wealth all the time. This is a pretty big hit to his assets and he will feel it for a while. I don't think he just wrote a check and said c'est la vie and gloated to his buddies.



posted on Aug, 5 2014 @ 07:54 AM
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a reply to: andy06shake

Then I guess when we are 82 years old,we should go out and commit all those crimes we thought about as youngsters knowing that it would be cruel and unusual punishment to lock us up for 10 years. No one should be able to buy they're way out of a crime. If your young enough to do it,then suffer.



posted on Aug, 5 2014 @ 07:57 AM
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a reply to: JohnTheSmith

I came into this thread to say exactly this.

Its a shakedown by the State.

Give us TONS of money and we'll let you go.

Government is the new mafia.



posted on Aug, 5 2014 @ 07:59 AM
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a reply to: hounddoghowlie

The point being the Man most lightly cannot do the time. So the real question is, should our society incarcerate an 82 year old man for 10 years?

If the answer is yes then I imagine that makes our justice system just as bad if not worse than the crime in question. If the answer is no then as far as i can see justice has failed to be done. My conclusion is that its our system of laws that are broken and the fact that monies could quite possibly change hands as some form of appeasement just goes to prove the point.


Justice it seems has its price!

edit on 5-8-2014 by andy06shake because: (no reason given)



posted on Aug, 5 2014 @ 08:03 AM
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So basically he on trial for bribery and as punishment he has to pay another bribe?



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