What kinds of penalties can someone be subjected to if convicted of securities fraud?

In Florida, if someone is convicted of securities fraud, they could face potential penalties including jail time, fines, and probation. In some cases, the court may sentence the offender to prison for a period of up to five years and/or a fine of up to $250,000. If the person has multiple convictions, the court may increase the penalty to up to fifteen years and a fine of up to $750,000. If the offender is a professional in the securities industry, the court may suspend or revoke their license to practice in that field. In addition to criminal penalties, a person convicted of securities fraud may face civil fines. The court may order the defendant to pay damages that were caused by their actions, as well as fees for the investigation and prosecution of their case. If the person did not act with criminal intent, they may also be ordered to pay restitution to the victims. Probation may also be imposed if the offender is convicted of securities fraud. On probation, they may be required to submit to drug tests or submit to regular meetings with a probation officer, among other requirements. If they fail to comply with the terms of probation, they could face additional criminal penalties.

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What kinds of penalties can someone be subjected to if convicted of securities fraud?

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