P.R. Laws tit. 26, § 2736
Any person who has committed fraud, as defined in §§ 2706, 2719, 2720, 2720a, 2730 of this title, shall incur a felony and upon conviction shall be punished for each violation by a fine of not less than five thousand dollars ($5,000), nor more than ten thousand dollars ($10,000), or a fixed term of imprisonment of three (3) years, or both penalties. Should aggravating circumstances are present, the fixed penalty thus established may be increased to a maximum of five (5) years, if extenuating circumstances are present, it may be reduced to a minimum of two (2) years. In addition to the penalties provided for in this chapter, any person who benefits in any way from obtaining insurance, or the payment for a loss under an insurance contract, as a result of the fraud committed, shall be imposed a penalty of restitution corresponding to the amount of money resulting from the fraud.
Any violation to the provisions of §§ 2706, 2719, 2720, 2720a, 2730 of this title shall have a period of prescription of five (5) years.
History —Ins. Code, added as § 27.270 on Aug. 9, 2008, No. 230, § 27, eff. 90 days after Aug. 9, 2008.