“The SEC alleges that Servergy Inc. and William E. Mapp III sold $26 million worth of company stock in private offerings while misleading investors to believe that the Cleantech CTS-1000 server (the company’s sole product) was especially energy-efficient.”” Paxton raised $840,000 in investor funds for Servergy and received 100,000 shares of stock in return, but never disclosed his commissions to prospective investors while recruiting them.”
“The company agreed to pay a $200,000 penalty to settle the SEC’s charges.”
https://www.sec.gov/news/press-release/2016-65
“White-collar” penalties are way out of balance with the crimes.