Today it was announced that Hewlett-Packard, HP, has to pay a $108 million dollar penalty to the Department of Justice, DoJ, for pleading guilty to bribery and money laundering. My question is, where does the money go when it is collected by the DoJ? SEC?
closed as off-topic by ChrisInEdmonton, mhoran_psprep, littleadv, Chris W. Rea, Victor Apr 10 '14 at 21:38
This question appears to be off-topic. The users who voted to close gave this specific reason:
- "Questions on economics are off-topic unless they relate directly to personal finance." – ChrisInEdmonton, mhoran_psprep, littleadv, Chris W. Rea, Victor
The SFGate had an article on this a few years ago:
"Civil penalties, often referred to as fines, usually go to the U.S. Treasury or victims."
Short answer in the case you references it would be the US Treasury. In cases where there is a harmed party then they would get something to account for their loss. But it can get complicated depending on the crime.