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Defining the act of embezzlement

On Behalf of | May 17, 2022 | Criminal Defense

Embezzlement is a crime that carries heavy penalties in Texas. It usually falls under the heading of theft. However, there is no breaking and entering or purse snatching involved. An embezzler is someone who operates from a position of trust. They are able to misuse this position in order to commit their theft.

Forming a defense against charges of embezzlement

You may have been entrusted by an employer with a special level of access to their finances or other assets. This may have been due solely to your employment by that person or company. It may have come about due to your close personal or family connection with a specific person. In any case, you are now suspected.

Embezzlement is a crime that costs companies, estates, and taxpayers millions of dollars each year. If you are charged with this crime, you will need to develop a viable criminal defense strategy. You may be able to claim that the charges came about as a misunderstanding. You can claim that what is suspected as embezzling is due to accounting or other errors on your part.

Betrayal of trust carries significant legal penalties

Assets that can be considered part of an embezzlement case include money. It can also include personal property such as a laptop or company vehicle. It can even be real property such as a house, condo, or parcel of land. If it belongs to someone else and you appropriate it without their knowledge, you are liable.

Embezzlement also pertains to how the money or other property is taken. This can be done intentionally for your own use. You can also sell it or give it away as part of a deal with another party. You can also hide it away for use later on.