Well it's funny that you ask and the answer will be not sure. It seems to depend on the day the report has been made. Out of experience I do know that in most cases nothing happens to those players, maybe a warning and that's about it. There have been many times players are reported and GM's of course will tell you that they can't give you any update or personal information regarding the report/case. Needless to say, that's just some general answer and means as much as we don't care lol. Not saying that all GM's are like that, but sadly we are seeing it every day, houses are still sold on PF etc.