P.R. Laws tit. 10, § 2633
The Commissioner shall be empowered to:
(a) Impose and collect administrative fines of not less than one hundred dollars ($100) nor more than ten thousand dollars ($10,000) for each violation of the provisions of this chapter or of the rules and regulations promulgated thereunder.
(b) Order restitution or reimbursement of such payments received in contravention of the provisions of this chapter or any rule or regulation promulgated thereunder, or any other remedy he/she deems necessary to enforce the provisions of this chapter.
(c) Impose and collect administrative fines of not less than one hundred dollars ($100) nor more than five thousand dollars ($5,000) for each day that a person engaged in a money service business fails to meet the requirements or to comply with the orders issued by the Commissioner.
(d) When the nature of the violation of this chapter or of the rules, regulations, or orders and resolutions issued by the Commissioner justify it, the Commissioner, in addition to imposing the administrative fines authorized above, shall initiate the corresponding legal action against the violator.
Any violation by a natural or juridical person of the provisions of this chapter, or of the rules and regulations that may be promulgated thereunder, or of the orders or resolutions issued by the Commissioner by virtue thereof, shall constitute a misdemeanor and, upon conviction, shall be guilty of a misdemeanor and, upon conviction, shall be punished by a fine of up to five thousand dollars ($5,000) or by imprisonment for up to six (6) months, or both penalties at the discretion of the court. Each transaction in violation of the aforementioned provisions shall constitute a separate offense that shall be punishable individually.
History —Sept. 21, 2010, No. 136, § 6.3, eff. 60 days after Sept. 21, 2010.