When you are charged with a white collar crime like embezzlement, you have a lot at stake in both your personal and professional lives. From the potential loss of your freedom to having your reputation damaged, you need an experienced team of Michigan criminal defense attorneys to handle your case. As your legal team, we will take time to hear your story while building your defense.
The crime of embezzlement is considered property theft. It occurs when someone takes money or property he or she was entrusted to manage. In these cases, individual have access to the money or property, but do not own it.
In order to be convicted of embezzlement, there must be fraudulent intent that lead to the taking of property or money. It is the job of the prosecution to prove this intent existed. Our experienced legal team will learn your story to help combat the case of the prosecution.
Contact our experienced Michigan white collar crime attorneys at Grewal Law PLLC for your free confidential consultation at (888) 211-5798.
Levels of Embezzlement Charges
Under Michigan law, there are different levels of charges depending on the value of the property or money embezzled. These penalties range from misdemeanor charges up to felony charges.
Misdemeanors in Michigan
Stolen money or property taken with a value of up to $1,000 are charged as a misdemeanor offense:
- Anything valued under $200 is considered a misdemeanor offense and is punishable of a fine up to $500 or three times the value of the embezzled property and not more than 93 days in jail.
- Property or money taken with a value more than $200, but less than $1,000 may carry penalties of up to one-year imprisonment and may receive a fine up to $2,000or three times the value of the embezzled property.
If charged with one of the misdemeanors listed above, it is important to speak to the embezzlement lawyers at Grewal Law PLLC to learn how other circumstances could impact your charges. Accusations connected to embezzlement from nonprofits and charitable organizations carry higher fines. In addition, if an individual has a prior conviction related to theft he or she will face harsher penalties.
Once the value of the money or property taken has a value of $1,000 or more the charges related to the crime are a felony:
- Stolen property or money valued between $1,000 and not more than $20,000 is punishable by up to 5 years in prison and fine of up to $10,000or three times the value of the embezzled property.
- Stolen property or money valued at over $20,000, but not more than $50,000 carries up to 10 years in prison and a fine of no more than $15,000or three times the value of the embezzled property.
- Stolen property or money valued at $50,000, but not more than $100,000 carries a sentence of no more than 15 years in prison and a fine of up to $25,000 or three times the value of the embezzled property.
- Stolen property or money valued at over$100,000 carries a sentence of up to 20 years in prison and a fine up to $50,000 or three times the value of the embezzled property.
There are additional circumstances which may impact your case and the severity of the punishment attached to charges. State law clearly outlines special guidelines for embezzlement in different professions.
If you are charged with embezzlement while working as a public officer, there are harsher penalties than those listed above. Another circumstance which increases the punishment for embezzlement is when the accused worked at a bank or credit union. In addition, anyone who has been appointed to oversee an estate and embezzled money or property may be charged with higher fines and penalties than those outlined here.
Contact our legal team today for more information about how the circumstances of your case may impact the penalties you face if convicted of embezzlement. Do not leave your fate to chance, reach out to our team right away to build the best defense for your case.
Experienced Defense in Michigan
The Michigan criminal defense lawyers at Grewal Law PLLC have the experience to help you face embezzlement charges. Our experienced legal counsel will help fight the case brought against you by the prosecution.
Your reputation, the reputation of your family, and your career may be on the line when facing embezzlement charges.
Call Grewal Law PLLC for your free consultation at (888) 211-5798.