What is the minimum sentence for embezzlement?
What is the minimum sentence for embezzlement?
Embezzlement of property worth less than $950 is a misdemeanor, subjecting a defendant to a possible jail sentence of six months or less, and a fine of up to $1,000. Embezzlement of property, money, or services, and many enumerated items, worth more than $950 is grand theft.
What is the average sentence for embezzlement?
A defendant will face up to 15 years in prison and $25,000 minimum in fines for embezzling $100,000 or less. For embezzlement of more than $100,000, the penalty goes up to 20 years in prison and $50,000 in fines minimum.
Do people always go to jail for embezzlement?
Grand theft embezzlement can be charged as either a misdemeanor (up to one year in jail) or felony (up to four years in county jail). Often, the victims of embezzlement crimes would rather see the return of their property than have the accused go to jail.
What happens when someone is charged with embezzlement?
A conviction of petty theft embezzlement could result in 6 months of jail time and $1,000 restitution. If the amount you are charged with embezzling is no more than $50, you may be able to reduce your penalties to a $250 fine by reducing your charges to an infraction.
How serious is embezzlement?
Penalties Relating to Embezzlement The consequences of embezzling funds usually involves significant consequences including jail or prison time, hefty fines, counseling and restitution that must be paid to the victims. It is punishable by up to one year in county jail or up to three years in state prison.
What’s the maximum fine for embezzlement of property?
What are the penalties for embezzling money from a business?
Penalties At-A-Glance. As a class 1 misdemeanor, penalties include a fine of up to $2,500, up to six months in jail, or both. $1,000 or more, but less than $2,500 in value, theft of a firearm, or theft of an animal taken for the purpose of animal fighting. As a class 6 felony, penalties include up to one year in jail.
What’s the punishment for embezzlement in the third degree?
The total amount embezzled would add up over a year or more, but it would be unreasonable to try the defendant for 365 or more small embezzlement crimes of ten dollars each. Theft of property in the third degree. Money or property with a value up to and including $500. Penalties include a fine of up to $2,000, up to one year in jail.
What’s the best way to charge someone with embezzlement?
This allows the prosecutor to charge the defendant with one embezzlement crime (and the judge to impose one sentence), rather than bring to trial many small embezzlement crimes. This is helpful when the amounts embezzled were very small and occurred over a long period of time.