While many white collar crime charges can damage a person’s career and reputation, embezzlement charges can be especially ruinous and insidious, as they stipulate that a person has taken something of value from an employer, organization or business that had entrusted that valuable to the accused. Legally speaking, embezzlement is defined to be a type of fraud in which a person who lawfully oversees money or some other asset intentionally takes that asset from the rightful owner without the owner’s overt or implied consent.
Commonly, embezzlement charges are filed against financial professionals, such as accountants, bank employees, bookkeepers or managers, who have been trusted to manage an organization’s finances; however, it is also possible for school employees, charity volunteers, medical professionals and others to also face embezzlement charges if they have been accused of siphoning assets from the rightful owner.
The specific penalties that may be handed down by the courts upon an embezzlement conviction will depend on:
- The amount of money (or the value of assets) embezzled
- Whether the money or assets were public funds
- Whether the convicted individual has a criminal record of prior embezzlement, fraud or white collar crimes convictions.
In general, embezzlement charges can be filed as any of the following (or any charges between the following):
- Class 2 misdemeanor charges for the least serious cases (Convictions on Class 2 misdemeanor embezzlement charges are punishable by up to six months in jail.)
- Class 3 felony charges for the most serious cases (Convictions on Class 3 felony embezzlement charges are punishable by up to 12 years in prison).
When to Contact a Denver Embezzlement Defense Lawyers
The authorities take allegations of felony white collar crimes, particularly those that allegedly involve embezzling large amounts of money or that allegedly entail defrauding employers, extremely seriously, and these charges – even if a person is ultimately acquitted of them – can have a devastating impact on a person’s personal and professional life. If you or a loved one has been accused of any felony or misdemeanor crime in Denver, you will need an experienced defense attorney who is dedicated to defending your rights.
At the Law Office of Andres R. Guevara, our skilled Denver criminal defense lawyers are committed to providing the accused with the best possible defense and to working tirelessly to helping them resolve their case as favorably as possible. To learn more about your legal rights and receive expert advice on how to proceed with your case, contact us at (720) 379-8262.