Embezzlement is a form of theft that is considered a form of white collar crime.
Embezzlement penalties can vary depending on the value of the property that is taken.
An embezzlement conviction on your record can also indicate to potential employers that you are untrustworthy, preventing you from securing a job.
If you are facing embezzlement charges, you may want to know the precise penalties that can come with a conviction.
A seasoned embezzlement attorney can review the details of your charges and determine the penalties that apply in your case.
Since its founding in 1995, Petersen Criminal Defense Law has defended the rights of individuals facing criminal charges in Nebraska.
Contact our office today if you or a loved one was charged with embezzlement in Nebraska.
What Is Embezzlement?
Embezzlement, like theft, occurs when an individual takes or exercises control over property with the intent to deprive the rightful owner of that property.
However, to prove an embezzlement charge, the prosecutor must show that the accused must have been entrusted with the property they subsequently stole for their personal gain.
Embezzlement can occur in large-scale corporate scams or among smaller businesses with only a few employees. We compiled some examples to demonstrate how embezzlement charges can arise.
Consider that a cashier collects a cash deposit for the gift shop they work for at the end of each business day. Instead of depositing the cash into the gift shop’s account, the cashier deposits the funds into their own account.
Another example of embezzlement is when an employee receives reimbursement for expenses that are not work-related.
Some businesses give employees a credit card to fill their company vehicle with gas. If the employee fills up their personal vehicle with gas, they may be charged with embezzlement.
Consider that a person asks their friend to keep their bicycle while they go out of town. When they return to town, the friend refuses to give the bicycle back. This can be considered embezzlement because the friend was initially entrusted with possession of the bicycle.
On a larger scale, embezzlement charges can arise when a corporate employee transfers company funds into their own account in small increments, misappropriating thousands of dollars over a long period of time.
The examples provided above are not the only scenarios where embezzlement charges can arise. If you or a loved one is facing accusations of embezzlement, contact Petersen Criminal Defense Law to discuss your case with an attorney.
Nebraska does not distinguish between penalties for embezzlement and other forms of theft. The average jail time for embezzlement depends on the value of the property or money that was stolen.
Embezzlement is considered a Class II misdemeanor when the value of the property is $500 or less. A Class II misdemeanor carries a maximum of 6 months in jail and a fine of up to $1,000.
Embezzlement is considered a Class I misdemeanor when the value of the property is more than $500 but less than $1,500. A Class I misdemeanor carries a maximum of 1 year in jail and a fine of up to $1,000.
Embezzlement is considered a Class IV felony when the value of the property is more than $1,500 but less than $5,000. A Class IV felony carries a maximum of 2 years in prison, 12 months of post-supervision release, and a fine of up to $10,000.
Embezzlement is considered a Class IIA felony when the value of the property is $5,000 or more. A Class IIA felony carries a maximum of 20 years in prison.
Want to Know How to Get Out of Embezzlement Charges? Contact Petersen Criminal Defense Law Today to Talk to a Lawyer
Our experience navigating in criminal defense matters gives us a critical advantage when negotiating with the district attorney about your charges.
Attorney Tom Petersen is a battle-tested defense attorney who works with each client one-on-one throughout the process.
Contact Petersen Criminal Defense Law today to schedule free initial consultation with a member of our team.