What are the penalties for securities fraud?

In Oregon, someone convicted of securities fraud may face felony charges and severe penalties. This type of white collar crime falls under the Oregon Securities Act and is punishable by a monetary penalty of up to $25,000 for an individual or $100,000 for a corporation. Furthermore, the offending individual or corporation may face up to five years in prison, or both. Depending on the extenuating circumstances, the court may impose a fine that exceeds these prescribed limitations. Additionally, the court may also order the defendant to pay restitution to the victims of the fraud. Restitution in this case is meant to restore the victims to the financial and economic position they were in prior to the fraud taking place. Depending on the severity of the offense, the court may also order the defendant to pay the cost associated with the investigation of the crime as well as any court costs associated with the proceedings. Finally, the court may issue an injunction banning the defendant from further participation in the securities industry. This may be issued independently of any other sanctions or in addition to any other penalties imposed by the court. Other, less severe penalties may also be imposed in lieu of or in addition to the ones listed above, depending on the nature and severity of the offense.

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