What is Embezzlement and What Could a Conviction Mean for My Life?

What is Embezzlement and What Could a Conviction Mean for My Life?

If you’ve been charged with embezzlement in California, you probably have a lot of questions about what the accusations imply and how to proceed. Continue reading to learn the fundamentals. Second, call 714-760-4088 to schedule a free legal consultation with Chambers Law Firm. We’ve come to assist you in what we understand is a difficult circumstance.

The definition of embezzlement

Penal Code 503 PC defines embezzlement as “unlawfully stealing property entrusted to you with the aim of depriving the legitimate owner of the property’s usage.” If the stolen goods are valued more than $950, it can be prosecuted as a felony, but otherwise it is a misdemeanor.

Embezzlement case studies

When people think of embezzlement, they usually picture a white-collar crime in which an accountant steals pennies from their rich customers. The fact is that it is frequently far less intriguing. A cashier at a grocery shop taking money from his drawer, a treasurer of a local sports club taking money from the team’s bank, or an investor taking money from a customer to pay off their own medical bill are all examples of typical embezzlement.

Embezzlement charges in California can be responded to with many defense options

The good news for people charged of this offense is that the prosecution may find it difficult to establish their case. Demonstrating that you did not utilize the money or property in question fraudulently is one defense alternative. We could try to prove that you had a good faith belief that you were allowed to utilize the funds.

Another alternative is to demonstrate that you had no intention of depriving the legitimate owner of the property or money involved. Of course, it’s also conceivable that you weren’t engaged at all and that the problem was caused by an oversight. It’s possible that you weren’t the one who committed the crime or that no crime was committed at all.

In California, embezzlement can be charged as a felony or a misdemeanor

For embezzlement, a person might be charged with a felony or a misdemeanor, depending on the circumstances. If the goods or money taken was worth less than $950, the crime will be prosecuted as a misdemeanor, punishable by up to six months in prison. If the money or property was worth more than $950, it was a crime punishable by up to three years in jail.

If you are facing embezzlement accusations or believe that you may be facing them soon, call Chambers Law Firm at 714-760-4088 for a free legal consultation. We’ll do everything we can to help you find the best way to go ahead with your life.

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