The penalties that can apply in a securities fraud case are extremely wide-ranging and often depend upon the dollar value of the harm caused and the number of people impacted by the fraudulent activities. A securities fraud conviction can result in upwards of 25 years in prison in more serious cases. Even a relatively minor securities fraud case can cause you to lose your license permanently and will obviously scar your professional reputation. The government may freeze your assets and order payment of restitution to the victims of the fraud alleged, and can also impose significant monetary fines in addition to restitution.