The point to understand is that this actually becomes a subsidy to criminality, which of course, in and of itself, is always bad policy.
I like to make the point that criminality itself is a gateway drug to further criminality because criminals do not pay taxes, they do not pay dividends, they do not employ under minimum employment standards, they engage in violence, they increase insurance costs, they subvert social institutions, and they compete unfairly with legal business. All around, criminality is a serious problem that needs to be suppressed and certainly not subsidized, even when you have the best of intentions.