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Redistribute their wealth, then set their parole parameters: hold an average job in food service or retail; live in an average apartment off those wages; keep that up for a set number of years, without external assistance from any third parties.
Let them experience how the rest of us live.
Anything made in excess of that in any way is seized and applied towards repaying the fraudulent debt.
Plus constant checks to verify their life style is conforming to that, and seize one fifth of their salary until the debt is paid off