Embezzlement in Arizona
Embezzlement is the theft, misuse, or misappropriation of funds that belong to someone to whom you owe some type of duty. It requires that the person embezzling funds must have been entrusted with someone else’s money and that they had legal access to the funds. Embezzlement is considered a White Collar Crime.
The most common example is a company employee who embezzles money from his employer. Another example is a financial investment advisor who improperly uses clients funds she has been entrusted to protect.
Though, embezzlement can take many forms. It can occur when a large amount of money is taken at once, or when smaller amounts are misappropriated over a long period of time. Embezzlement schemes can be complex, and can include falsified financial records, fraudulent billing, Ponzi schemes, or other large-scale fraud schemes.
In Arizona’s criminal law statue, embezzlement is referred to simply as theft. A.R.S. §13-1802. Theft is punished according to the value of the money (or property) stolen. For example, theft of less than $1,000 in value is a class 1 misdemeanor, and can carry penalties of a fine of up to $2,500 and up to six months in jail, or both. On the other end of the scale, theft of over $25,000 in value is a class 2 felony and can carry a sentence of up to five years in prison. A.R.S. §13-1802(G).
Charges of embezzlement (theft) are serious. If you are under investigation for or have been charged with theft in Arizona, you need an experienced White Collar Criminal Defense Attorney by your side. Depending on the prosecution’s case against you, you may have a number of defenses available to you. For instance, you may have believed that the money rightfully belonged to you, or maybe you accidentally misused funds due to miscommunication. When you hire us, we will thoroughly investigate the evidence and we may be able to dismantle the case against you, or to get criminal charges dropped to lesser charges.
Ashley D. Adams is a former fraud prosecutor with the U.S. Attorney’s Office. She understands how prosecutors operate and has insider experiences to use in your defense. Contact Ashley D. Adams, PLC or call now (480) 219-1366 to schedule a case evaluation.
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The attorneys at Ashley D. Adams, PLC handle state criminal cases throughout Arizona including the cities of Phoenix, Scottsdale, Glendale, Mesa, Tempe, Ahwatukee, Maricopa, Gilbert, Peoria, Surprise, Goodyear, Litchfield Park, Avondale, Chandler, Casa Grande, Florence, Queen Creek, Deer Valley, North Pinal and Sun City as well as those living in and around Maricopa County, Pinal County, Pima County, Yuma County and Yavapai County.
The attorneys at Ashley D. Adams, PLC handle federal criminal cases throughout the United States, including Arizona, Oklahoma, Utah, and California.