A person who is guilty of a fraudulent act may be subject to the following penalties:

A person who is guilty of a fraudulent act may be subject to the following penalties:



a. Misdemeanor

b. Only a civil fine up to $10,000

c. Civil fine up to $10,000 and imprisonment for 20 years

(d.) Civil fine up to $50,000 and imprisonment up to 10 years



Answer: D

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