Saratoga Springs Embezzlement Lawyer
Defense for Financial Fraud Charges in New York
Embezzlement is a white-collar crime. It involves the unlawful taking of property that has been entrusted to you. Embezzlement charges are serious and can result in felony convictions. If you are facing embezzlement charges, it is important to retain a skilled Saratoga Springs criminal defense attorney as soon as possible.
Our firm has the necessary experience to fight embezzlement charges. Call (518) 886-3368 today!
What Is Embezzlement?
Embezzlement involves the unlawful taking of another's property. This property is usually entrusted to the defendant by the owner. It is important to note that embezzlement does not require the owner to be harmed. For example, the defendant can be charged with embezzlement even if the owner did not lose any money.
Embezzlement charges are based on the theory that you have a fiduciary duty to the owner of the property. As a result, you have a responsibility to act in the owner's best interests. If you violate that trust, you can be charged with embezzlement.
There are different types of embezzlement charges in New York:
Grand Larceny in the Fourth Degree: This is charged when the value of the stolen property exceeds $1,000 but is not more than $3,000. It's a Class E felony and carries a sentence up to four years in prison.
Grand Larceny in the Third Degree: This level applies when the stolen property value is more than $3,000 but does not exceed $50,000. This is considered a Class D felony and is punishable with up to seven years in prison.
Grand Larceny in the Second Degree: If the value of the stolen property exceeds $50,000 but is not more than $1 million, the crime is classified as Grand Larceny in the Second Degree, a Class C felony. Other penalties for this felony include up to 15 years in prison.
Grand Larceny in the First Degree: This is the most serious level of larceny associated with embezzlement. It is charged when the value of the property stolen exceeds $1 million. The possible sentence for this crime is up to 25 years in prison.
Embezzlement charges can be complicated and this is not an exhaustive list of the charges that are considered embezzlement in New York. Understanding your specific charges, and the defenses available to you, is what makes it important to hire a Saratoga Springs embezzlement lawyer who has experience defending these types of charges. The prosecution will likely try to prove that you intended to steal the property. In addition, you may have to defend against other charges that are related to the embezzlement.
Penalties for Embezzlement
Embezzlement charges can result in serious penalties. The exact penalties will depend on the value of the property that was allegedly embezzled. For example, you could be charged with a misdemeanor depending on the circumstances and value of the property. However, if the property has a high value, you could be charged with a felony.
The penalties for embezzlement can include:
- Community service
- Jail time
Embezzlement charges can result in significant penalties. If you are facing these charges, it is important to hire a lawyer who has experience defending these types of cases. Our firm has the necessary experience to defend against embezzlement charges.
Types of Embezzlement Cases We Handle
The Law Office of Scott Iseman handles all types of embezzlement cases. We have the necessary experience to defend against a variety of charges that other law firms may have difficulty with.
Our firm can handle cases involving:
- Employee embezzlement
- Banking and financial embezzlement
- Insurance embezzlement
- Government embezzlement
- Elder embezzlement
- Charitable organization embezzlement
- Business embezzlement
Contact Our Firm Today
If you are facing embezzlement charges, we encourage you to contact the Law Office of Scott Iseman.
Call (518) 886-3368 today!