20 U.S.C. § 1097 : US Code - Section 1097: Criminal penalties

Search 20 U.S.C. § 1097 : US Code - Section 1097: Criminal penalties

(a) In general
Any person who knowingly and willfully embezzles, misapplies,
steals, obtains by fraud, false statement, or forgery, or fails to
refund any funds, assets, or property provided or insured under
this subchapter and part C of subchapter I of chapter 34 of title
42 or attempts to so embezzle, misapply, steal, obtain by fraud,
false statement or forgery, or fail to refund any funds, assets, or
property, shall be fined not more than $20,000 or imprisoned for
not more than 5 years, or both, except if the amount so embezzled,
misapplied, stolen, obtained by fraud, false statement, or forgery,
or failed to be refunded does not exceed $200, then the fine shall
not be more than $5,000 and imprisonment shall not exceed one year,
or both.
(b) Assignment of loans
Any person who knowingly and willfully makes any false statement,
furnishes any false information, or conceals any material
information in connection with the assignment of a loan which is
made or insured under this subchapter and part C of subchapter I of
chapter 34 of title 42 or attempts to so make any false statement,
furnish any false information, or conceal any material information
in connection with such assignment shall, upon conviction thereof,
be fined not more than $10,000 or imprisoned for not more than one
year, or both.
(c) Inducements to lend or assign
Any person who knowingly and willfully makes an unlawful payment
to an eligible lender under part B of this subchapter or attempts
to make such unlawful payment as an inducement to make, or to
acquire by assignment, a loan insured under such part shall, upon
conviction thereof, be fined not more than $10,000 or imprisoned
for not more than one year, or both.
(d) Obstruction of justice
Any person who knowingly and willfully destroys or conceals any
record relating to the provision of assistance under this
subchapter and part C of subchapter I of chapter 34 of title 42 or
attempts to so destroy or conceal with intent to defraud the United
States or to prevent the United States from enforcing any right
obtained by subrogation under this part, shall upon conviction
thereof, be fined not more than $20,000 or imprisoned not more than
5 years, or both.