A group of British and US yacht owners have been fined $500,000 after being found guilty of fraud and other charges in a US court.
The yacht owners were convicted of a range of crimes including making false and misleading claims about the number of berths available on their boats and the safety of their boats.
The group of 30 yachty owners were ordered to pay $500 per berth.
They had pleaded guilty to 11 counts of wire fraud and one count of conspiracy to commit wire fraud, the US justice department said in a statement on Monday.
Yachts in the US have become increasingly popular in recent years, with luxury yachters such as the Royal Caribbean Cruises and the Grand Canyon Yachts being snapped up in the past decade.
The number of British yacht owners has also risen in recent times.
The defendants included Richard B. Roberts, former owner of the RCC Cruises, who was convicted in 2014.
Roberts was a member of the Royal Navy and was in charge of the shipyard for the company.
Roberts, who is serving a prison sentence in the UK, had also been charged in the United States for allegedly conspiring to violate US securities laws by making false statements about the performance of his yacht, according to the statement.
Roberts is also being sued in the Philippines by two other members of the group, who allege he has committed fraud in the company he controls, the Justice Department said.
Roberts did not immediately respond to a request for comment.