The white collar crime of embezzlement is a type of theft that is distinguished by the fact that the person who commits the offense had legal access to the property at the time of the theft. It occurs when the victim of the crime had already entrusted property or money to the perpetrator, as distinguished from a normal theft where the item was stolen through force or deceit.
Embezzlement commonly takes place in the work place, when an employee steals money from the company, either in a large lump sum as in some cases of credit card fraud, or in small amounts over time, such as in
money laundering. Being convicted of embezzlement could make it exceedingly difficult for you to find employment in the future if you are required to pass a background check.
Penalties for Embezzlement
The penalty for embezzlement depends on factors including whether you have a prior criminal record and the value of stolen goods. You can be convicted of petty theft, a misdemeanor, for smaller amounts of money. This could result in you going to country jail for up to a year and being fined $1,000.
If you are accused of embezzling larger amounts of money, a firearm or an automobile, you will be charged with a felony of grand theft, which is punishable by anywhere from 16 months to 3 years in state prison and $10,000 in fines. You will have to prove that you didn’t intend to deprive the alleged victim of the property or money in question, or that you were simply falsely accused of the crime.
Get a Lawyer Who Can Fight Your Embezzlement Charges
The Law Office of Marc S. Kohnen will meet with you to discuss the circumstances of your case and help you get started on a strategy to keep your record clean. Prosecution for white collar crimes in our area is tough and you can be punished to the full extent of the law if you are found guilty.
In order to protect your future from the negative consequences of having a criminal conviction, you need a white collar crime lawyer in San Diego today. Contact The Law Office of Marc S. Kohnen if you have been charged with this white collar crime and want to find out more about what you can do to fight to prevent a conviction.