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What do you need to know about embezzlement?

On Behalf of | Oct 8, 2021 | White Collar Crimes

If charged with embezzlement, you could face serious repercussions that threaten various aspects of your future, from your finances to your career and even your freedom. There are many different factors that you need to take into consideration when dealing with an embezzlement case, and it is vital to keep in mind that every situation is different.

Take an individualized approach to your case and make sure you explore strategies that could help prove your innocence or secure a more favorable end result.

The definition of embezzlement

According to the United States Department of Justice, embezzlement involves fraudulently appropriating property that one initially had lawful access to, as opposed to larceny, in which one never had lawful access to the property. People who handle a lot of money while working sometimes find themselves accused of embezzlement, even if they never took anything.

Moreover, the Department of Justice states that embezzlement remains unlawful even if one returns the property at a later point.

Different examples of embezzlement

Many embezzlement cases involve stealing cash, but embezzlement takes many other forms. For example, someone could find themselves accused of misusing a company credit card, carrying out unauthorized computer transactions, overbilling customers and forging checks.

It is important to go over all of the details surrounding your case if you are facing embezzlement charges. Take a careful approach to your defense and understand how the outcome of your case could affect the rest of your life. Sometimes, people cannot find work in a certain field and face many financial hardships as a result of embezzlement charges.