Failing to report or falsifying information may lead to criminal prosecution. The following are the current penalties: For the first offense, the penalty is up to a $10,000 fine and/or 9 months in jail. For 2nd and subsequent offenses (as determined by prior conviction for non-compliance) up to a $10,000 fine and/or 5 years prison. WI SS.301.45(6)(a)(2).