A person who violates any provision of this title is guilty of a misdemeanor and on conviction is subject to a fine not exceeding $500 or imprisonment not exceeding 6 months or both. The Board may impose on a person who violates any provision of this title a penalty not exceeding $5,000 for each violation. In setting the amount of the penalty, the Board shall consider: the seriousness of the violation; the harm caused by the violation; the good faith of the violator; any history of previous violations by the violator; and any other relevant factors. The Board shall pay any penalty collected under this subsection into the General Fund of the State.