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Round Rock Embezzlement Lawyer

Experienced Defense For Embezzlement Charges in Texas

Embezzlement is considered a white-collar crime and is often committed by employees who have access to company funds or assets. If you have been accused of embezzlement, you could be facing serious criminal charges and penalties, including imprisonment and fines. At Pennington Law, PLLC, we understand the complexities of embezzlement cases and can help you navigate the legal process.

Personalized Legal Solutions for Your Unique Needs

What is Embezzlement?

Embezzlement involves misappropriating funds or property entrusted to an individual’s care, typically by an employer, organization, or financial institution. This offense occurs when a person who has access to these assets uses them for their personal gain without authorization. Embezzlement can take various forms, such as:

  • Financial Embezzlement: This type of embezzlement involves altering financial records, diverting funds, or stealing assets directly from the company or organization.
  • Property Embezzlement: Property embezzlement refers to the theft or unauthorized use of physical assets, including equipment, supplies, or company vehicles.
  • Employee Theft: Employees may embezzle funds or assets through deceptive practices, such as manipulating payroll, exploiting expense accounts, or stealing company property.
  • Client Funds Misappropriation: Professionals in fields like law or finance may embezzle client funds held in trust accounts for personal use.

What are the Penalties for Embezzlement in Texas?

Penalties for embezzlement in Texas can vary based on the value of the misappropriated assets and other factors. It is essential to understand the potential consequences associated with embezzlement convictions:

  • Misdemeanor Embezzlement: For cases involving assets valued at less than $2,500, the offense is typically charged as a Class C misdemeanor, punishable by a fine of up to $500.
  • State Jail Felony: Embezzlement of assets valued between $1,500 and $20,000 is classified as a state jail felony, which can lead to a jail sentence of 180 days to 2 years and fines up to $10,000.
  • Third-Degree Felony: If the value of the embezzled assets is between $20,000 and $100,000, the offense is charged as a third-degree felony, carrying a prison term of 2 to 10 years and fines of up to $10,000.
  • Second-Degree Felony: Embezzlement involving assets worth between $100,000 and $200,000 is considered a second-degree felony, resulting in a prison sentence of 2 to 20 years and fines up to $10,000.
  • First-Degree Felony: The most severe embezzlement cases, with assets valued at over $200,000, are charged as first-degree felonies, carrying a potential prison sentence of 5 to 99 years and fines up to $10,000.

Contact Our Texas Embezzlement Defense Lawyers at Pennington Law, LLC

Embezzlement charges are complex, high-stakes cases that require a strategic and detail-oriented defense. A conviction can impact your career, finances, and freedom. At Pennington Law, PLLC, we are committed to analyzing every aspect of your case, challenging the prosecution’s evidence, and building a strong criminal defense aimed at protecting your future.

 

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