Ignorance is SEVERELY punished.

Chances are, if he’s done this before, he’ll do it again without the possibility of punishment.

Seems like a very strict penalty if this is not followed through.The CTA provides that willfully reporting or attempting to report false or fraudulent beneficial ownership, or willfully failing to report or make updates to the reported data shall be punished with a civil penalty of up to $500/day while the violation continues (up to $10,000) and a criminal penalty of up to two years in prison. 

They come out every now and then for show and pretend to punish the banks, who pay fines with victim and shareholder money.

I've only had to do this 5-6 times, but I won every time.I don't believe in punishing all future guests for the behavior of a rare few.

Also, content or manufacturing industry doesn't punishment seller for using multi platforms.

We also try to incentivize early completion with bonuses and punish late completion with reduced payments, but in reality this often becomes challenging because of things outside the contractor’s control.Hope this helps you some.

The official answer: The Corporate Transparency Act is intended to provide law enforcement with beneficial ownership information for the purpose of detecting, preventing and punishing terrorism, money laundering and other misconduct through business entities.Uncle Sugar requires us little guys to register and be tracked even though 99.999% of us are not involved in terrorism, money laundering, or other misconduct.

@Doug Smith: What you are describing is an illegal scheme called "equity skimming" which is investigated by the Financial Crimes unit of the FBI with very serious punishments.

Indeed, the FAIR ordinance is anything but fair to non-corporate landlords, seemingly punished for investing in rental houses to generate income as an alternative to stocks and bonds.A handful of opportunists likely could learn to exploit these new rules, preying on otherwise law-abiding landlords to obtain legalized shake-down payments.