Damico & Stockstill, Attorneys at Law

The penalties associated with embezzlement

As previously discussed, it is not uncommon for individuals to face criminal allegations that stem from their work duties. For those entrusted or tasked to handle money or the finances in the workplace, one might be accused of any issues or mishaps that occur with the revenue of a business. However, embezzlement allegations are serious, and while this crime can be based on various actions, the truth of the matter is that the penalties can be very harsh and life impacting. Thus, it is important to understand these changes, what criminal consequences could occur and how best to move forward with a criminal defense.

Embezzlement is a theft crime. This means that it involves the misappropriation or the taking of money or anything of value belonging to another, either with or without the consent of the other person. This could be accomplished through fraudulent conduct, practice or representation. Regardless, there must be the intent to deprive the other of this property, whether it is through misappropriation or taking.

Those accused of taking money or property that amounts to the value of $1,500 or more could face prison for up to 10 years and a fine of up to $3,000. When the misappropriation or taking involves amounts to $1,500 to $500, the accused could face up to 5 years in prison and a fine up to $2,000. Finally, where misappropriation or a taking by a number of distinct acts, the aggregate of the offenses will determine the penalty faced.

Financial crimes, such as embezzlement, are treated seriously. Because of this, it is important for those accused of this crime to understand defense options. This could help him or her avoid harsh penalties while also clearing his or her man.

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Damico & Stockstill, Attorneys at Law

8048 One Calais Avenue | Suite A | Baton Rouge, LA 70809-3483 | Phone: 225-250-1812 | Fax: 225-769-0195 | Baton Rouge Law Office Map