185. Illegal purchase or bid for property offered for sale by authority of public servant

A person who, at any sale of property held by the lawful authority of a public servant as such, purchases or bids for any property on account of the person or another person, whom the person knows to be under a legal incapacity to purchase that property at that sale, or bids for such property not intending to perform the obligations under which the person lays himself by such bidding, shall —

in the case of an individual, be punished with imprisonment for a term which may extend to one month, or with fine which may extend to $1,500, or with both; or

in any other case, be punished with fine which may extend to $10,000.