Deferred Corporate Prosecution as Corrupt Regime: The Case for Prison

Abstract

This paper looks at the growing phenomenon of deferred corporate criminal prosecutions from a new perspective. The literature accepts the practice and is largely concerned with the degree to which efficient and effective criminal deterrence is achieved through pretrial diversion. I examine the practice and conclude that it presents, from a structural perspective, a case of a corrupt law enforcement regime centered in the United States Department of Justice. The regime works in effective – if unintentional – conspiracy with corporate officials to produce an inefficient enforcement regime that disregards democratic processes and threatens a loss of respect for the rule of law. I conclude that the use of individual prosecution with the possibility of prison for corporate executives is the most effective way to restore the corporate criminal regime to a functioning legal practice.

Keywords: deferred prosecution, corruption, corporate, criminal