Are there penalties for misusing funds or property?
Primary source
Verbatim text below is from the Electronic Code of Federal Regulations (eCFR), a public-domain U.S. government work. Always verify the current version with the eCFR before relying on it for any legal matter.
Full Text
If any officer, director, agent, or employee of, or connected with, any contractor or subcontractor under this part embezzles, willfully misapplies, steals, or obtains by fraud any of the funds or property connected with the contract or subcontract, he or she will be subject to the following penalties:
(a) If the amount involved does not exceed $100, person(s) will be fined not more than $1,059 or imprisoned not more than one (1) year, or both.
(b) If the amount involved exceeds $100, person(s) will be fined not more than $10,592 or imprisoned for not more than two (2) years, or both.
[85 FR 10948, Feb. 25, 2020, as amended at 89 FR 18363, Mar. 13, 2024; 90 FR 23859, June 5, 2025]
This is legal information, not legal advice. Laws vary by jurisdiction and change frequently. Always verify current law with official sources and consult a licensed attorney in your jurisdiction for advice on your specific situation.