What Exactly Is Embezzlement?
Embezzlement is a type of larceny or theft perpetrated by an employee of a company or someone who handles financial holdings for another person. Under Virginia Code § 18.2-111, embezzlement is defined as the fraudulent use, concealment, or disposal of money, bills, bonds, receipts, etc. received by another party in trust or employment. In some cases, embezzlement is considered a felony, so it’s imperative to hire an experienced criminal defense attorney if you are ever accused.
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What Is the Penalty for Embezzlement in Virginia?
In Virginia, anyone found guilty of embezzlement faces a different penalty depending on the value of the theft. Petit larceny, or an embezzlement of less than $500, is punishable as a Class 1 Misdemeanor, which includes a maximum sentence of 12 months in jail and a maximum fine of $2,500. Grand larceny, which involves $500 or more, is punishable by up to 20 years in a state prison. Since grand larceny is a felony, it can carry additional consequences if you are convicted, such as difficulty finding a job or signing a lease.
What Are Common Scenarios of Embezzlement?
A common scenario of embezzlement is an employee pocketing money meant for the business. For example, a server at a restaurant asks their supervisor for a raise but is rejected. When customers pay for their meal in cash, the employee decides to complete the transaction and pocket the money since they didn’t get a raise.
Another form of embezzlement is someone taking small amounts of money from an account over a long period of time. If a financial manager for an individual decides to take $10 out of their client’s account to pay for coffee because it is a small, unnoticeable amount, it is embezzlement.
How Can an Attorney Help Me With an Embezzlement Case?
An attorney is an essential part of your defense in an embezzlement case. They can not only navigate the complexities of your case, but also help act as a mediator between you and your employer. At The Gordon Law Firm, our attorneys will closely examine the financial data of your employer and highlight any flaws in their accounting practices or argument.
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"The Gordon Law Firm is a top notch law firm that totally exceeded my expectations! They are very personable, dedicated and honest. What I thought would happen in my case would have been a magnificent outcome but on my actual court date I was given an even more favorable disposition which was all attributed to the diligent work done on my behalf by The Gordon Law Firm." — Ivan J.
"Very easy to work with and great communication. Best firm I've worked with and will definitely get you your desired results. Much more affordable and better service than my previous lawyer. Highly recommend their services. They are also very respectful and take all of your questions. They are knowledgeable and keep you calm during the process of working with them." — Gabriel V.
"This firm is amazing, He was responsive and provided a great solution for the charge I was issued. I served no jail time and the charge was reduced, He is understanding and will work with you. If ever I need representation I will for sure come back to Mr Gordon and Associates. Thanks guys..I was able to keep my license and my job!" — Phoenix R.
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How Should I Prepare for My Embezzlement Case?
If you are accused of embezzlement, the first thing you should do is contact one of our criminal defense attorneys. There is a good chance that your company will want to question you about the supposed theft. If you make any admissions during this process, your likelihood of conviction may increase.
What Should I Expect From a Settlement?
In order to reach a settlement, you will need one of our attorneys to start negotiating with the person or company accusing you before they file a criminal case. In rare cases, this can result in the dismissal of the case. For this reason, we recommend you contact us as soon as possible. However, if the accuser brings criminal charges against you, our attorneys can help fight on your behalf and potentially reduce the charges.
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Call us now at 703-218-8416 to schedule your free consultation. We welcome clients from Fairfax County, Arlington County, Loudoun County, and Prince William County, including Manassas, Leesburg and the City of Alexandria.