This white collar crime is a type of theft crime, one where someone had legal access to property owned by someone else, but who used that access to actually steal the property. This is the case when someone is trusted to oversee someone else's property, but violates that trust by seizing some or all of those assets.
This crime can be either a misdemeanor or a felony, just as this could be anything from a bank teller dipping into someone else's small bank account to an executive pilfering from the company's funds. If you are accused of embezzling, the potential sentence you could face will depend on the type and/or amount of the stolen property.
An embezzlement offense will be penalized as a:
- First degree felony if a $100,000 or more was stolen. This sentence could mean 30 years' prison and a $10,000 fine.
- Second degree felony if anywhere between $20,000 to less than $100,000 went missing. This sentence could entail 15 years of incarceration, plus a $10,000 fine.
- Third degree felony if $300 to less than $20,000 of property was pilfered. This sentence could lead to five years' imprisonment and a $5,000 fine.
- First degree misdemeanor if somewhere between $100 to less than $300 was taken. This could entail a sentence of one year in jail and a $1,000 fine.
- Second degree misdemeanor if less than $100, or if certain types of property were embezzled, this could mean 60 days' jail and a $500 fine.
Beyond these specified amounts, if the alleged embezzlement took place during a state of emergency, or involved certain property, such as emergency medical equipment or a firearm, then the type of charge you could face could become even more serious.
If you or someone you know has been charged with embezzlement, then you need to know more than what the potential penalties are. Call Thomas & Paulk, P.A. to start discovering what your defenses are.
Talk to our experienced Tampa criminal defense attorneys today!