insolvent and financially unable to satisfy a claimant
commits the following offenses:
(i) If the financial obligation owed by the offender
to the claimant is $1,000 or more but less than $7,500,
the person is guilty of a misdemeanor of the second
degree. Upon conviction of an offense under this
subparagraph, an individual may be imprisoned for no more
than two years and be fined no more than $5,000.
(ii) If the financial obligation is $7,500 or more
but less than $150,000, the person commits a misdemeanor
of the first degree. Upon conviction under this
subparagraph, an individual may be imprisoned for no more
than five years and be fined no more than $10,000.
(iii) If the financial obligation is $150,000 or
more, the person is guilty of a felony of the third
degree. Upon conviction of an offense under this
subparagraph, an individual may be imprisoned for no more
than seven years and be fined no more than $15,000.
(b) Violation relating to delayed price agreements,
insolvency and disclosures.--A violation of section 1108(b)
(relating to delayed price agreement), 1111(a) (relating to
insolvent or discontinued handler) or 1115(a) (relating to
disclosing lack of title or existence of lien) shall constitute
a misdemeanor of the first degree. Upon conviction of an offense
under this subsection, an individual may be imprisoned for no
more than five years and be fined no more than $10,000.
(c) Violations relating to records and accounts.--A licensed
handler who keeps false records and accounts in violation of
section 1112(a)(3) commits the offense of tampering with records
or identification under 18 Pa.C.S. § 4104(a) (relating to
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