yes, unless you're a big enough finance scammer that you stole from really rich people (most scammers who steal millions don't get it from the very rich)
But even then the times aren't longer than someone who gets caught with a 100 grams of coke. Skilling got 12 years for a financial fraud so heinous the whole system was re-regulated. You get that for selling crack on the corner.
There’s no question that the “war on drugs” sentencing is ridiculously out of proportion with the actual harm done, especially if you’re not white or upper class. I was making a comparison between types of financial crimes.
Isn't a common critique of the justice system that white-collar crime gets you less prison time (in nicer jails) than being for ex a drug dealer?
Plenty of finance scammers and conmen who stole millions get <5-10yr sentences