Edina Embezzlement Lawyer

When facing an embezzlement charge, you may feel like you have nobody to turn to for assistance. Embezzlement cases are multifaceted and can be tricky to handle without the guidance of a skilled professional. To ensure that you have the strongest possible case, it is essential to consult with a knowledgeable fraud attorney right away.

Embezzlement charges can range from minor misdemeanors to severe felonies, each with the potential for severe penalties. Having a seasoned Edina embezzlement lawyer by your side and prepared to fight for your best interests could make a difference in securing a favorable outcome.

What is an Embezzlement Charge?

The crime of embezzlement is a type of property theft; however, it is often considered a white-collar crime because of the nature of the offense. Typically, to commit the offense of embezzlement, a person must first be entrusted to handle or manage another person’s finances, and then go on to use all or a portion of those finances for their personal use.

In several cases, an embezzlement charge involves an individual transferring finances into their account from another person’s account or a business account. However, an embezzlement offense does not always have to be a sophisticated scheme. Most situations where someone simply takes money that they are entrusted with could result in an embezzlement charge.

Common Examples of Embezzlement

There are several ways individuals might find themselves accused of embezzlement. Two of the most commonly prosecuted types of embezzlement are cashier theft and mismanagement of corporate funds. Regardless of the type of embezzlement charge an individual is facing, a skilled Edina attorney could help them build a strong defense given the unique facts of their case.

Penalties for an Embezzlement Conviction

Under state law, an embezzlement offense can be charged as either a misdemeanor or a felony, depending on the case’s circumstances. The state might consider several factors in determining the exact level of the charge. The common factors that play a significant part in this determination include:

• The amount of finances or property alleged to have been embezzled
• Whether the property or finances belonged to a government agency or institution
• Whether a firearm was used
• Whether the individual has a prior history of embezzlement convictions

If the property’s value alleged to have been embezzled by an individual was over $1,000, the individual might be charged by the state with a felony offense and face prison time and significant fines. In embezzlement cases of over $35,000 worth of property, the charged person could be subject to 20 years in prison and up to $100,000, according to Minnesota Statutes § 609.52. Even in cases where a small amount of property is allegedly embezzled, an individual could face jail time and fines up to $1,000.

The potential penalties for embezzlement convictions can have a severe impact on someone’s way of life. As such, it is critical for an accused individual to seek the assistance of an experienced embezzlement attorney in Edina to help protect their legal rights.

Discuss Your Case with a Dedicated Edina Embezzlement Attorney

When you are accused of committing an embezzlement offense, your job, reputation, finances, and more could be on the line. Having an Edina embezzlement lawyer by your side could help you rest easier knowing that a strong and effective defense would be presented on your behalf. Contact us today to schedule an initial consultation with a knowledgeable legal professional.