Embezzlement
Embezzlement is a fraudulent act that directly involves the theft of money from another individual or party. It is carried out when an individual entrusts another with his or her money, and this second party then takes it for personal use. This misappropriating of someone else’s funds is often carried out over long periods of time, with only small amounts removed at one time. This tactic is used in order to help evade detection.
One key aspect of embezzlement that perhaps makes it so intriguing is how easily it can be carried out. No trespassing or bypassing security measures is necessary. The thief merely needs to ensure that no one notices the missing funds. Because of this, embezzlers may go for long periods of time without being caught. Only when they opt to take a chance and remove riskier amounts of money, or when thorough financial audits are performed, are they caught.
Examples of Embezzlement
Embezzlement may occur in a variety of situations. Some of the most common forms of embezzlement include:
- A banker stealing money from customers
- A cashier stealing money from the register
- A lawyer stealing funds from trust accounts
- Romantic partners stealing money from one another
- Charity workers taking money for personal gain
Typically, embezzlement cases arise in business or corporate settings of some sort.
Contact Us
If you have been charged with embezzlement, then the help of an experienced defense lawyer may serve as a great benefit to you. A Las Vegas criminal lawyer of Palmer & Associates, P.C., have dedicated our practice to helping those in your situation. Contact us today by calling 702-888-2222.