((a))

((1)) A mortgagor shall be fined under title 18, imprisoned for not more than 2 years, or both, if the mortgagor—

((A)) with intent to defraud, does not disclose an obligation on a vessel as required by ;

((B)) with intent to defraud, incurs a contractual obligation in violation of ; or

((C)) with intent to hinder or defraud an existing or future creditor of the mortgagor or a lienor of the vessel, files a mortgage with the Secretary.

((2)) A mortgagor is liable to the United States Government for a civil penalty of not more than $10,000 if the mortgagor—

((A)) does not disclose an obligation on a vessel as required by ;

((B)) incurs a contractual obligation in violation of ; or

((C)) files with the Secretary a mortgage made not in good faith.

((b))

((1)) A person that knowingly violates shall be fined under title 18, imprisoned for not more than 3 years, or both.

((2)) A person violating is liable to the Government for a civil penalty of not more than $25,000.

((3)) A vessel involved in a violation under and its equipment may be seized by, and forfeited to, the Government.

((c)) If a person not an individual violates this section, the president or chief executive of the person also is subject to any penalty provided under this section.