Topic / Restitution

Restitution

Restitution related content:

Restitution stories:

Parents of 'Balloon Boy' Plead Guilty
Nov 13th, 2009 - AOL News
FORT COLLINS, Colo. (Nov. 13) — The Colorado parents accused of pulling a spectacular hoax by reporting their son was aboard a runaway balloon have pleaded guilty to charges that could bring some jail time and probation.
Texas businessman pleads guilty to charges related to bilking 250 people in $50M Ponzi scheme
Nov 13th, 2009 - Los Angeles Times
LUBBOCK, Texas (AP) - A Lubbock businessman pleaded guilty Thursday to two charges related to his bilking $50 million from investors in a Ponzi scheme. Benny Lee Judah...
Honduran leaders reach agreement
Oct 30th, 2009 - ABC News
After weeks of international pressure and negotiations an end is in sight to the political crisis in Honduras. Both the ousted president, Manuel Zelaya and the interim leader...
AP source: Treasury near deal on 'too big to fail'
Oct 26th, 2009 - Forbes
WASHINGTON -- The Treasury Department and a senior House Democrat have decided against making financial firms pay upfront the costs of dismantling them if regulators decide...
One of Madoff's houses goes for $9.4 million
Oct 18th, 2009 - Houston Chronicle
Bernard Madoff's former home in Montauk, N.Y., sold for $9.4 million, the U.S. Marshals Service said Friday as it announced the transaction closed. The property was listed for nearly $8.

Restitution videos from YouTube:

1:16
Audiomachine - Restitution
Audiomachine - Restitution jennyni20-futureworldmusic.over-blog.com ~~ PLEASE SUBSCRIBE~~
0:08
Great Pumpkin Charlie Brown - Restitution
Sally is really really ticked at Linus
5:47
Restitution: A Short Film (Part 1)
When Lowell Stines accepts the old lady's offer to be her house's caretaker, he finds something is not right. Things are not what they seem.
4:32
"Restitution" - original song by Jon Shelton (stereo)
I made this about six years ago with my son Sam on chorus vocals. He was eight at the time. I decided to just use thumbnail sketches to tell the story. If anyone feels up to the task, they may create their own video of this song ...

Restitution from WikiPedia:

The law of restitution is the law of gains-based recovery. It is to be contrasted with the law of compensation, which is the law of loss-based recovery. Obligations to make restitution and obligations to pay compensation are each a type of legal response to events in the real world. When a court orders restitution it orders the defendant to give up his gains to the claimant. When a court orders compensation it orders the defendant to compensate the claimant for his loss.

For instance, Joe breaks into a jewelry store and steals $5000 worth of jewelry. In the process, he does $1000 worth of damage to the store's back door and the showcases he broke. Later, Joe is arrested. If Joe is forced to pay restitution, he must pay back his gains, $5000 (or just give back the jewelry). If he is forced to pay compensation, he must pay $6000, which is the store's total losses.