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What Is Embezzlement?
Embezzlement occurs when a person illegally takes of property or assets that has been entrusted to that person's care. Usually, embezzlement involves the taking of money. One example of embezzlement is when an employee entrusted with their employer's money takes it for the his or her own personal use. Embezzlement is a type of white collar crime.
What Are the Consequences of an Embezzlement Conviction?
The consequences resulting from a criminal embezzlement can be varied depending on the severity of the crime and whether it qualifies as a felony or misdemeanor charge. The following are some of the possible consequences of a criminal conviction:
- Probation or parole
- Significant fines
- Loss of occupational or professional licensing
The likelihood of the consequences listed above will depend on several factors, including:
- Extent of money or property that was embezzled
- Harm to the person or entity that suffered the embezzlement
- Prior convictions
- Currently on probation or parole
What Should I Do If I Am a Victim of Embezzlement?
If you are a victim of embezzlement, you should call the police. If there is sufficient evidence, the police will then forward your case to the district attorney's office to prosecute the person who committed the embezzlement against you.
Should I Contact an Attorney?
If you are accused of embezzlement, you should speak to a criminal defense attorney with experience in white collar crime. An attorney can help you learn more about your rights, your defenses and the complicated legal system.
Consult a Lawyer - Present Your Case Now!
Last Modified: 05-21-2014 01:54 PM PDT
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