What To Do When You’re Accused of Embezzlement?
Embezzlement is a kind of property theft that happens when someone delegated to manage someone’s money or property steals that money and uses it for personal gain.
In this case, a delegated person doesn’t have ownership of the property and money but has all the rights to access it.
Some examples of embezzlement
Embezzlement can happen in many different situations. Examples include:
- A bank teller who has access to money in the bank steals from the vault.
- A family member is caring for a relative and steals money or property from the relative.
- An investor who is handling client investments takes the money for personal gain.
- A computer technician who steals laptops from his or her company’s supply room
In many cases, the person accused of stealing money manipulates or alters financial records in an attempt to conceal the theft.
How is embezzlement punished?
Embezzlement is considered a serious crime, and a person accused of embezzlement can end with jail time, a hefty fine, or both. The serious of embezzlement crime is based on the following factors:
- Value of the property that was stolen?
- How much money was stolen?
- What type of property it was? Was it furniture or an antique piece?
These are some of the questions that must be answered to determine the seriousness of the case.
Who to contact if you get accused of embezzlement?
If you’re going to be convicted of embezzlement, the prosecution has to prove that the defendant knowingly defrauded the victim. In some cases, loved ones will prove or try to prove that they had the right to that money. If that is proven, then there is no embezzlement.
And in other cases, the state will order convicted to pay restitution to the victim. Restitution means giving back something that is owed or compensating for injury or loss.
If you’re retained during the investigation process or after charges have been filed, contact Eric Thole's attorney at law. Our attorneys will take immediate steps to protect your rights. Mr. Eric Thole is one of the most renowned attorneys who has served Washington County for eight years as a criminal prosecutor. He explores every option thoroughly to develop the most effective strategy for protecting your rights and minimizing the long-term effects on your reputation and future.
Contact Eric Thole
For experienced white collar crime defense, contact Eric Thole attorney at law – white-collar attorney by calling 651-300-7389. His team and he strive to help clients maintain their dignity and regain peace of mind during a time when neither seems certain.
Comments
Post a Comment