What happened to having all of your equipment confiscated?

When I read the rules last year, before I was a 6 month resident, I was soooo tempted to buy a in state license (if I could) and go hunting... but when I read that all your stuff could be taken away I held off.

From what you guys said, if I had been caught it wouldn't have cost me much! Don't get me wrong, I want to do what's right... but it sure doesn't offer a lot of encouragement to obey the rules!