Tuesday, March 29, 2005

HB 1059: Deceptive and Fraudlent Business Practices

H.B. 1059, P.N. 1215 (WALKO). This would amend Title 18 (Crimes and Offenses).
This would create penalties for deceptive and fraudulent business practices. A violation involving over $500,000 would be a first degree felony, a violation involving $100,000 or more but under $500,000 would be a second degree felony, a violation involving $2,000 or more but under $100,000 would be a third degree felony, a violation involving $200 or more but under $2,000 would be a first degree misdemeanor, and a violating involving under $200 or an amount that cannot be ascertained would be a second degree misdemeanor. A sentence for such intentional violations involving the Commonwealth, a political subdivision, a local authority, or a public or private charitable organization could result in an additional five years or less imprisonment above other maximum imprisonment penalties.

1 Comments:

At 5:55 AM, Anonymous home equity loans said...

home equity loans

 

Post a Comment

<< Home