Recently, a Rockland County teacher was charged with embezzling money from a youth soccer club. A private school also made news by embezzling $3 million from the federal government, money that was intended to pay for the daily meals of students.
Embezzlement is a form of fraud, which is in its turn a form of larceny. A crime is classified as embezzlement when a person who has been entrusted to hold and manage property on behalf of the rightful owner instead takes it for their own use. Often, the victim is an employer or a client.
It is covered by New York Penal Law Section 155.
The severity of the crime depends on the amount stolen. It can be classified as a Class E felony all the way up to a Class B felony.
A Class B felony is punishable by 8 to 24 years in prison.
The crime is not classified by each individual instance of embezzlement, but by the total amount stolen and held over time.
Other charges may also be added, such as forgery.
There are several defenses we can use.
Sometimes. A criminal defense lawyer may even be able to help with that if you agree to pay back what you took and are faithful to your payment plan. However, your employer may still go to the police at any time. It’s still worth a try, as coming to an agreement with your employer can be used as a positive factor in your case.
For example, we may be able to use it to show that you made an honest mistake (lack of intent) and did everything you could to rectify the mistake, besides.
If you’ve been accused of embezzlement, you need an expert white collar criminal defense lawyer by your side.
Our firm has helped hundreds of people like you resolve embezzlement cases. Call us today to schedule a case review.
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