False or fraudulent statements or representations; false claims for benefits

Any applicant or Beneficiary who willfully makes any false or fraudulent statement or representation as to any fact required or appropriate, necessary or related to the determination of the eligibility qualifications of such applicant or Beneficiary for benefits under this subchapter, or for the continuation or extension of benefits, or who willfully makes or presents any claim for benefits under this subchapter knowing the claim to be false, fictitious or fraudulent, must be fined not more than $25,000 or imprisoned not more than two years, or both. In addition to the foregoing, any benefits previously granted under this subchapter to such applicant or Beneficiary are automatically revoked; all taxes that were otherwise due and payable by such applicant or Beneficiary but for the tax exemption benefits granted, are due and payable as of the date or dates when, but for such tax exemption, they would have been due and payable, and the taxes must be assessed and collected in accordance with the applicable tax laws in force for such date or dates; and the amount or amounts of all subsidy benefits, based on income tax liability, actually received, must be deemed debts due and owing to the Government of the Virgin Islands as of the date or dates when payment of subsidy was made.