Chapter 32 of the Texas Penal Code defines offenses relating to fraud.
“Commercial Bribery”, as per § 32.43 of the Texas Penal Code, occurs when a person who is a fiduciary, without the consent of his beneficiary, intentionally or knowingly solicits, accepts, or agrees to accept any benefit from another person on agreement or understanding that the benefit will influence the conduct of the fiduciary in relation to the affairs of his beneficiary.
A person commits an offense if he offers, confers, or agrees to confer any benefit the acceptance of which is an offense under the previous Subsection
An offense under this section is a state jail felony.
In lieu of a fine that is authorized by Subsection (d), and in addition to the imprisonment that is authorized by that subsection, if the court finds that an individual who is a fiduciary gained a benefit through the commission of an offense under Subsection (b), the court may sentence the individual to pay a fine in an amount fixed by the court, not to exceed double the value of the benefit gained. This subsection does not affect the application of Section 12.51(c) to an offense under this section committed by a corporation or association.
State Jail Felony
- Confinement in a state jail for not more than two years and not less than 180 days
- In addition to confinement, may receive a fine not to exceed $10,000