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What to know when accused of embezzlement

On Behalf of | Nov 24, 2020 | Criminal Defense

As a longtime accountant for your company, you are a trusted employee. But you have a secret that no one knows. At least you thought no one knew until your employer confronted you about missing funds – thousands and thousands of dollars. You face an accusation of embezzlement – a white collar crime.

Such stories are increasingly more common in today’s world. People struggle to maintain the lifestyle they have or are faced with major financial problems. Under duress, some people make choices that have devastating effects on their lives for years to come.

Facing serious consequences

An embezzlement charge is serious. You face incarceration, probation, steep fines and a tarnished personal and professional reputation. Some people are faced with financial challenges and may abscond with employer’s funds to subsidize a gambling habit, pursue a lifestyle that includes expensive jewelry and global travel or pay for insurmountable medical bills.

If accused of embezzlement, here are some things to remember:

  • Oftentimes, before criminal charges are made, an employer who suspects embezzlement expects to interview you. It is crucial to not provide any information that implicates you, and it is a good idea not to talk with them. Instead, contact a skilled criminal defense attorney.
  • You face incarceration with the felony charges. A reliable attorney may get the criminal charges reduced or dismissed.
  • Along with criminal legal action, you also face civil legal action. Your employer wants that money back and will likely pursue a civil lawsuit against you.

If accused of embezzlement, this is a good time to reexamine your life and make changes. It is crucial to put your financial problems behind you and carry on in the best way that you can.