Embezzlement involves the fraudulent appropriation, conversion or use of property of any person or legal entity that has been entrusted to the defendant. Oftentimes, the defendant is accused of diverting another person’s money for his or her own use.
It is a unique type of fraud because usually the defendant has control over the property and sometimes even “borrows” it without authorization.
Depending on the severity of the embezzlement charges, someone charged with embezzlement could face penalties ranging from misdemeanors to felonies. Those convicted of embezzlement could face fines of $1000 and jail for one year or up to $10,000, with restitution to the victims and up to 10 years in a state penitentiary.
If you or your loved one has been accused of embezzlement, call our office today. Chavers & Guhl LLP, will fight for your constitutional rights.