Baltimore Embezzlement Attorney
What is Embezzlement?
Embezzlement is a type of theft, specifically any fraudulent appropriation of money or property that was entrusted to them, most usually from an employer. An individual can be charged with embezzlement regardless of whether or not the defendant kept the money or property for personal gain or transferred it to another party. Examples of embezzlement include:
- Intentionally overcharging a customer and keeping the difference
- Taking money directly from your employer
- Depositing vendor checks into a personal account
- Taking bribes
- Ponzi schemes
It’s important to note that those facing embezzlement criminal charges can also be charged in a civil court if the alleged wronged party wishes to bring civil charges. Additionally, recently, enhanced efforts to investigate white collar crimes have led to an increase in federal embezzlement prosecutions. Punishments for those convicted have also intensified and may include heavy financial penalties and lengthy prison terms.
If you have been accused of, are being investigated for, or have been charged with stealing money from your employer it is critical you contact a skilled Baltimore embezzlement attorney as soon as possible. Before signing a confession or speaking with anyone, make sure you have a top-rated lawyer by your side who can protect your rights. Our attorneys have the experience and skill you need.
Start discussing your case with the team at Nathans & Ripke LLP by calling our Baltimore embezzlement defense attorneys at (410) 783-0272.
Outstanding White Collar Defense for Clients Nationwide
The lawyers at our Baltimore criminal defense firm have established a national reputation for providing outstanding criminal defense representation to individuals and corporations. Larry Nathans has been named one of the Best Lawyers in America in both white-collar criminal defense and non-white collar criminal defense. Additionally, all of the partners at the firm have been recognized with selection to the Maryland Super Lawyers® list.
Is Embezzlement a Felony?
Every state has different laws regarding the penalty for embezzlement. Most states punish embezzlement convictions based on the value or type of property that was embezzled or stolen. Being charged with embezzlement in the state of Maryland can result in restitution and penalties such as fines and at least one year but up to five years in prison. At a minimum, embezzlement is considered a misdemeanor but is considered a felony if the theft is equal to or greater than $10,000.
Penalties of Embezzlement in Maryland
- Petty theft of less than $100 - Jailtime up to 90 days with a fine up to $500.
- Misdemeanor theft amount between $100 and $1,000 - Up to 18 months incarceration and a fine up to $500.
- Felony theft amount between $1,000 and $10,000 - Up to 10 years incarceration and a fine up to $10,000.
- Felony theft amount between $10,000 and $100,000 - Up to 15 years incarceration and a fine up to $15,000.
- Felony theft amount over $100,000 - up to 25 years incarceration and a fine up to $25,000.
What To Do When Confronted With Embezzlement Charges
Typically, when an employer notices funds have gone missing, they will conduct a preliminary investigation to determine the extent of funds missing. If your employer suspects you were responsible, they will likely accuse you directly and try to intimidate you, in hopes of getting you to start talking or sign a confession. Before saying anything, you should make sure you retain a skilled Baltimore embezzlement lawyer.
Our adept criminal defense attorneys may be able to negotiate a resolution on your behalf without any charges being filed. In some cases, we have been able to convince an employer that they will have a greater chance of preserving their reputations and recovering their money if they agree to a settlement.
When early resolution is not possible in a white collar crime case, we draw on a team of expert resources including forensic accountants and private investigators to refute the charges against you.
If you want to learn more about how we can help you, contact our Baltimore white collar crimes attorneys at (410) 783-0272.
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