What happens when someone is charged with embezzlement?

A conviction of petty theft embezzlement could result in 6 months of jail time and $1,000 restitution. If the amount you are charged with embezzling is no more than $50, you may be able to reduce your penalties to a $250 fine by reducing your charges to an infraction.

What is the difference between theft and embezzlement?

Unlike theft where the property is taken unlawfully, in embezzlement the property comes lawfully into the possession of the embezzler who then fraudulently or unlawfully appropriates it. For instance, when a cashier steals money form the till of his employer, the employee has committed embezzlement.

Is it illegal to embezzle from your own company?

Yes, one can embezzle money from one’s own company. Indeed that is often the case. However, embezzlement requires intent, which you didn’t have. Make this a loan from your company to you.

What are examples of embezzlement?

Embezzlement Examples

Forging Checks. The employee writes company checks or makes electronic payments to himself.
Cashing Customer Checks.
Faking Vendor Payments.
Overbilling Customers.
Theft of Customer Card Data.
Padding An Expense Account.
Double Dipping.
Using a Company Credit Card For Personal Use.

How do you beat an embezzlement charge?

The best way to fight embezzlement charges in California is to enlist the help of an experienced criminal defense lawyer….Assuming there are no significant aggravating factors, the potential punishment for petty theft embezzlement is:

Up to six months in jail.
A fine of up to $1,000.
Probation.
Restitution to the victim.

What kind of crime is embezzlement?

theft crime

What is money embezzlement?

Embezzlement takes place when a person uses funds for a different purpose than they were intended to be used. Embezzlers might create bills and receipts for activities that did not occur and then use the money paid for personal expenses. Ponzi schemes are an example of embezzlement.

What is intent to embezzle?

Embezzlement is the fraudulent appropriation of property by a person to whom such property has been entrusted, or into whose hands it has lawfully come. the defendant acted with the intent to deprive the owner of the use of this property.