If you’re facing embezzlement charges, it’s important to understand that the consequences of a conviction can alter your life as you know it. Better understanding the charge and your legal options are paramount, and an experienced embezzlement attorney in Dayton can help.
Embezzlement is a form of white collar crime, which the Federal Bureau of Investigation (FBI) defines as nonviolent financial crimes that are, nonetheless, not without victims. White collar crimes generally involve someone who is in a position of authority using that position for personal financial gain. The most common example of a white collar crime, which is a form of embezzlement, is an employee entrusted with managing company funds who siphons off some of those funds for his or her own personal use.
Embezzlement boils down to theft, but there is a distinction that lies in the relationship between the person who steals the property and the property itself. To embezzle, the person charged must be in a relationship of entrustment with regard to the property that is stolen, which is often money, and that entrustment typically involves monitoring or managing the property for someone else. While the embezzler has a managerial relationship with the property that is embezzled, the relationship does not extend to ownership.
In Ohio, embezzlement charges are brought in accordance with the state’s theft statute, which means that the seriousness of the charge depends upon the value of the embezzled property. When the value is under $1,000, the charge is a first-degree misdemeanor, but when the value exceeds $1,000, the charge is bumped up to a felony.
The penalties associated with embezzlement charges are serious and include:
The penalties increase from here, and these are not to mention the serious social consequences that accompany embezzlement convictions.
If you are facing an embezzlement charge, the veteran embezzlement attorneys at The VanNoy Firm recognize how serious your situation is and are well prepared to employ the full strength of their impressive legal experience in focused pursuit of your case’s optimal outcome. Your case and your future are important, so please do not hesitate to reach out and contact us for more information about how we can help you today.
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