Have you been charged with the crime of embezzlement? Embezzlement crimes take place when somebody entrusts their money to a defendant, but the defendant unlawfully converts ownership rights in an act of fraud to the true owner. The reason a defendant does this? To gain the money for their own personal use when they gain possession of the funds. What makes embezzlement cases different from theft is the fact that, in cases of embezzlement, a person is given lawful possession of the property, whereas in cases of theft, they stole it completely.
These crimes are white collar crimes that are considered very serious under California law. In many cases, you will see a misdemeanor charge if small amounts of funds are stolen, such as less than $2,500. However, if you steal over $2,500 in funds in your crime, you will be charged with a felony, which is an enhanced type of crime that could earn you more time in prison, larger fines, and restitution to victims.
If you have been charged with felony embezzlement, you could see penalties that will affect you for a long time. Depending on your state, you could see years in prison and thousands in fines, such as $1,000 and 1-3 years for a Class I Felony, or $5,000 and a sentence of 5 years for a Glass G. Not only could you have a criminal case brought against you, but it could also lead to a civil lawsuit if the victim decides to sue.
Many of these penalties depend on a variety of factors. These include the severity of harm, aggravating circumstances in your case, prior convictions you have received, whether or not you are currently on probation, or the violence used in the crime.
The legal system surrounding these crimes can be complicated, which is where we come in. If you have been charged with a misdemeanor or felony white collar crime, regardless of severity, it is always helpful to have an attorney because these crimes can affect you for the rest of your life. Call us today for more information on how we can help.