What are the penalties for securities fraud?

In Washington, the penalties for securities fraud can vary depending on the seriousness of the crime and the potential damages it has caused. Generally speaking, it is a Class B felony, punishable by up to 10 years in prison and a fine of up to $20,000. In some cases, the court may decide to impose additional penalties on the convicted person such as restitution, community service, or a suspended sentence. When convicted of securities fraud in Washington, it is likely that the individual will receive a sentence of at least one year. In some cases, this sentence may be extended depending on the severity of the crime and the amount of money lost due to the fraud. In addition to the fines and prison sentences, those convicted of securities fraud may also be subject to paying back the money taken in the fraud as part of their penalties. White collar crimes such as securities fraud can have serious consequences and it is important that individuals accused of such crimes seek professional legal help to ensure they receive fair treatment in court. There are a variety of defenses that an experienced lawyer can raise in order to reduce the severity of the penalties the individual may face. If convicted, it is important to know the penalties that come with it and to take the necessary steps to avoid similar offenses in the future.

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What are the penalties for securities fraud?

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