Have You Been Accused Of Misappropriating Funds?
Embezzlement can occur in a wide variety of business situations, and the courts take this charge very seriously. A guilty verdict could result in punitive fines, imprisonment and other penalties. An experienced New York City federal criminal defense attorney can be invaluable after an embezzlement charge.
If you have been accused of misappropriating funds entrusted to your care, we can help you build a compelling defense and fight back against these charges. At Sapone & Petrillo, LLP, in New York City, we have served clients throughout the United States and will use that experience to fight these accusations or charges and protect your future.
What Is Embezzlement?
Embezzlement charges are usually considered white collar crimes. Accusations can range in severity, and offenses range from using company money for personal use to redirecting funds on a large scale for personal gain. While embezzlement charges may seem very similar to theft, they are different in a few important ways. In order for a crime to be considered embezzlement, the prosecution must prove a few important things, such as the following:
- The actions in question must have been intentional and done in order to benefit you.
- You must have been in a position where the other party relied on you to manage the assets in question.
- You must have taken these assets by misusing that relationship.
- You must have taken ownership of the property or transferred it to another person.
If the prosecution can provide evidence of these, you could face severe consequences. This is especially true if you are charged with embezzling larger amounts of money and other valuable assets. By working with an experienced criminal defense attorney, you can protect yourself.
What Are The Consequences Of An Embezzlement Conviction In New York?
Embezzlement is a serious offense, and a conviction can lead to both criminal and personal repercussions. Legally, you could face significant penalties. These penalties can include:
- Fines
- Restitution
- Imprisonment
The severity of the penalty often depends on the monetary amount involved. For instance, if the embezzled amount is substantial, then you might be charged with a felony, leading to harsher penalties such as higher fines and longer jail time. If your crime was investigated and prosecuted in federal court, then you may also face more serious penalties under federal sentencing guidelines.
Beyond legal consequences, a conviction can gravely impact your personal life. It could harm your reputation and make finding future employment challenging. Employers may be hesitant to hire someone with a criminal record involving financial misconduct. Additionally, a conviction can strain personal relationships and affect your financial stability. You may also face difficulties securing loans or housing.
Experienced Federal Criminal Defense Attorneys
At Sapone & Petrillo, we are New York City federal criminal defense lawyers who have the skills and knowledge to navigate the intricate particulars of your case. In addition, our extensive experience in federal courtrooms will enable us to represent your interests and fight on your behalf if your case goes to trial.
Contact A Federal Criminal Defense Lawyer
Have you been charged with embezzlement in New York City? Don’t wait. You need an experienced NYC federal criminal defense attorney. Take steps to begin building your defense strategy by calling 646-844-3445 or emailing us today.