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The phrase "hefty penalties" is correct and usable in written English.
You can use this phrase to refer to severe punishments or fines that have been imposed for a certain offense. For example, "The company was found guilty of misusing resources and was subjected to hefty penalties by the government."
Exact(53)
Drinks Still Flow There are hefty penalties for anyone caught.
Failure to register is a criminal offence with hefty penalties.
Columbia paid hefty penalties in settling the case, and shareholders saw their investment dwindle.
Should you quit your mortgage, even if this means hefty penalties?
Less time to pay bills (and hefty penalties for being a day late).
Life insurers have reduced payouts and imposed hefty penalties on those who try to cash in their policies early.
Similar(7)
Working off such a hefty penalty was exhausting, he recalled.
The Commerce Department wasn't done with that hefty penalty.
Mr. Cohen has already paid a hefty penalty to securities regulators.
Now, they approve the purchase and tack on a hefty penalty for each transaction.
Littering is a problem and the government wanted to impose a hefty penalty for littering.
More suggestions(3)
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Since I tried Ludwig back in 2017, I have been constantly using it in both editing and translation. Ever since, I suggest it to my translators at ProSciEditing.

Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com