the consequences can be severe, including hefty fines, restitution, and even imprisonment. For instance, a conviction for filing false financial statements can lead to a fine of up to $ 10,000 or double the amount of the fraud, whichever is greater, and imprisonment for up to three years....
guilty of a misdemeanor punishable by imprisonment for not more than 1 year or a fine of not more than $1,000.00. (2) Subsection (1) does not apply to an owner, publisher, printer, agent, or employee of a newspaper or other publication, periodical, or circular, or of a radio station...