Any person violating the provisions of §§ 11-18-6 — 11-18-8 shall be guilty of a misdemeanor, and, upon conviction, shall be punished for each offense by imprisonment not exceeding one year, or by a fine not exceeding five hundred dollars ($500), or both.
Penalty for financial misrepresentations
R.I. Gen. Laws § 11-18-9., under Chapter 11-18 Fraud and False Dealing.
R.I. Gen. Laws § 11-18-9.