Not all of them are breaking U.S. tax law, of course, but until this month, the IRS had a voluntary disclosure program to allow potential offshore tax cheats to come clean and enjoy potentially lesser penalties.
It includes convicted welfare cheats but carries potentially graduated penalties.
The trades also help companies that fail to meet CAFE standards avoid potentially stiff penalties, experts say.
It is not worth risking the potentially heavy penalties that exist for failing to comply with strict engineering and social regulations.
Taking that action would essentially leave the state in violation of the settlement terms and subject to potentially harsher penalties from a federal judge.
America's Foreign Corrupt Practices Act and Britain's Bribery Act impose potentially savage penalties on firms that do business by sleazy means.
Royal Bank of Scotland is still facing potentially painful penalties from the US authorities over the sub-prime mortgage crisis, the Treasury select committee of MPs was warned on Tuesday.
The Pac-10 hastily announced Thursday morning that Colorado would be joining the conference — perhaps in an attempt to soften the public relations blow of U.S.C.'s potentially debilitating penalties.
Should the three men be found guilty, they would face potentially stiff penalties: up to five years in prison for the two Kazakhs, eight years for Mr. Phillipos and up to $250,000 fines for each of the three.
