Embezzlement White Collar Crime Embezzlement and Penalties White collar embezzlement and penalties that punish a convicted individual fall under the larger umbrella of white collar crimes. White collar crimes are defined as criminal acts taking place in a business or other professional setting that are committed to achieve personal financial gain at the expense of another.
Embezzlement is a unique theft crime that it is usually perpetrated by people in high standing or positions of trust. The primary difference between embezzlement and other theft crimes is that those who perpetrate embezzlement were initially given access to or entrusted with the property that was then stolen, making it a white-collar crime.
If you or a loved one is facing embezzlement charges, it is important that you do not attempt to face these charges without representation from an experienced white-collar crimes attorney. Dedicated Defense for Your Charges Embezzlement charges are extremely serious, and you could face harsh penalties for a conviction, including jail time and large fines.
Like other economic crimes, punishment for embezzlement charges depends in part on the amount unlawfully taken. Most embezzlement charges are felonies because of the amount taken and prosecuted by the US government. Long terms in prison can result from state or federal prosecution.
Often, embezzlement cases involve more than one count and sentences of imprisonment can be quite harsh.
Federal authorities have numerous statutes that can be used in embezzlement cases. Wire and mail fraud are often used by prosecutors in embezzlement cases. Punishment in the federal system can be quite harsh.
Each count of mail and wire fraud, such as sending a letter or email that is part of the scheme to embezzle funds, can constitute a separate crime punishable by a maximum of 20 years in prison. Dealing with state and federal charges of embezzlement requires an attorney experienced in white-collar crime.
If the case is brought in federal court it is also important that the attorney has experience in defending federal white-collar cases.Dealing with state and federal charges of embezzlement requires an attorney experienced in white-collar crime. If the case is brought in federal court it is also important that the attorney has experience in defending federal white-collar cases.
Houston Criminal Defense Attorney Jack B. Carroll will represent you in the court of law if you’ve been charged with a white collar criminal offense in the Greater Houston area.. Being charged with embezzlement, a crime in the State of Texas, can affect you for the rest of your life and damage future career opportunities.
The most common white collar crimes are various types of fraud, embezzlement, tax evasion and money laundering. Many types of scams and frauds fall into the bucket of white collar crime, including Ponzi schemes and securities fraud such as insider trading.
The United States Code includes numerous statutes defining, prohibiting, and punishing white-collar crimes. Title 18, Chapter 31 of the U.S.
In the ’s the term “White Collar Crime” was first used to refer to non-violent crimes that were being prosecuted. Frequently crimes were charged as a white collar crime if a more serious, violent crime, wasn’t able to be proved. The phrase "white-collar crime" was coined in during a speech given by Edwin Sutherland to the American Sociological Society. Sutherland defined the term as "crime committed by a person of respectability and high social status in the course of his occupation.". Dealing with state and federal charges of embezzlement requires an attorney experienced in white-collar crime. If the case is brought in federal court it is also important that the attorney has experience in defending federal white-collar cases.
Code has 29 separate statutes pertaining to various types of theft or embezzlement. Finding an Attorney for White-Collar Crime in Dallas An attorney for white-collar crime in Dallas can protect the rights of anyone accused of these serious offenses.
Whether defendants are charged with embezzlement, identity theft, fraud, or money laundering, there are legal options available to them. In the United States, embezzlement is a statutory offence that, depending on the circumstances, may be a crime under state law, federal law, or both; therefore, the definition of the crime of embezzlement varies according to the given statute.