And that money then went to the employees right? Or there were fines issued to companies for that right? Neither of those are in the article from what I saw.
Bitwise Industries stole our 401k money after they took it out of our paychecks. And two last paychecks. The CEOs are still not behind bars. And we never got our money back.The 401k money is gone but one of the CEOs got a new Tesla.
"They're coming for your retirement funds. And they'll get it. They won't stop until they have it all." ~ George Carlin. Philosopher mistaken as comedian.
The whole "retail theft" wave is a moral panic anyway. It's not backed up by numbers. NYC and LA saw some elevation because of a small number of actual criminal organization that largely got rounded up and prosecuted. Most other "organized retail crime" stories are utter nonsense.
Most of the rise in theft that people cited was based on a completely bullshit statistic which came from the NRF citing one of its own members testimonies in which that member cited an incorrect number. It was actual dogfooding being passed as statistical analysis and even they have backed down on it.
Deff a factor but don't forgot that the government is ran by people who are in the pocket of big biz. So there but so much enforcement that will ever be allowed. I bet most of it happens v smaller employers too lol
Just look at things like employment of migrant workers, independent contractor misclassifitions esp ride share and door dash..
Also the DoL is perpetually under-resourced and short staffed. They aren't one of the "good" law enforcement agencies that get bipartisan support -- only the ones who beat up protestors get that kind of universal appeal, somehow. Even though funding to places like the IRS and DoL have insanely good return on investment.
Even though funding to places like the IRS and DoL have insanely good return on investment.
We are a nation of temporally poor billionaires, why would we support funding of agencies that would engage in the pinata economics upon our fellow wealthy owners?
As designed. They don’t really want these laws to be enforced, so you create the department but starve it of resources so it can’t do its job effectively.
