EMBEZZLEMENT ATTORNEYS BASED IN NEW YORK

We Protect the Legal Rights & Interests of Clients Nationwide

Despite safeguards created by companies to prevent and protect against embezzlement, it still happens frequently. While this is a common crime in corporate fields, embezzlement does not only take place in a corporate setting as it can apply to any type of property. Sometimes, it may lead to significant losses incurred for the victim. If you or your company have been a victim of embezzlement, our experienced attorneys can help you.

With a collective experience of over 30 years, we can help you build the best strategy for your case and pursue the justice and financial compensation that you are entitled to have. Schedule your initial consultation by calling (877) 905-7671.

Understanding Embezzlement

Embezzlement happens when someone who has been entrusted with access to another person’s or entity’s money or property but misuses those assets for their own benefits without the intention of returning them. All three conditions must be met for a case of embezzlement. The victim could be a business partner, employer, government fund, or other entities.

To help you understand further, here are some examples of people committing embezzlement:

• A cashier who is trusted to use the cash register but takes a dollar from it.
• An employee who takes office supplies home for personal use.
• An employee who transferred money from customer’s account into their personal account to pay for an urgent bill but transferred the amount back after a month.

As illustrated in these examples, it is embezzlement whether the property that has been unlawfully taken is not money, or that the value of the money taken is small, or that it has only been taken for a short period of time.

Proving Embezzlement

To build a winning case for an embezzlement claim, there are several elements that must be proven beyond a reasonable doubt:

• The owner entrusted the embezzled property to the perpetrator.
• The owner of the property must have entrusted the perpetrator with the property due to trust.
• The perpetrator fraudulently used or took the property for their own interests.
• The perpetrator had a criminal intent to deprive the owner of the use of that property.

Penalties for Embezzlement

When the perpetrator is convicted of embezzlement, they could be fined, jailed, or have both penalties. Penalty schemes differ from state to state but the severity of the penalties is largely dependent of the value or type of property that is embezzled and whether there are any aggravating factors that accompanies the crime. Many states also require the perpetrator to pay restitution to the victim.