According to Rule §35.11, what is the consequence of submitting a fraudulent application?

Submitting a fraudulent application incurs serious consequences as stipulated in Rule §35.11. This rule emphasizes that engaging in fraudulent behavior can lead to prosecution, illustrating the legal implications of dishonest actions when seeking a private investigator license. Such actions undermine the integrity of the licensing process and the profession itself, leading regulatory bodies to treat these offenses with high severity. The possibility of prosecution serves as a deterrent to potential applicants, encouraging transparency and honesty during the application process. The other options do not adequately reflect the gravity of the consequence for such actions; merely receiving a warning, being subjected only to a fine, or having the application reviewed again does not fully encompass the legal repercussions that can arise from committing fraud.