What Is the Legal Definition of Embezzlement?

Embezzlement can be defined as the wrongful use of someone’s property entrusted to your care. Embezzlement is often considered to be a white-collar crime. However, embezzlement usually carries significant penalties, including fines, jail or prison time, restitution. Facing charges embezzlement can be a frightening experience. Sometimes, you can lose your job, all you have worked for in your life, and in some cases even your freedom.

Embezzlement covers a wide variety of crimes including check fraud, credit card fraud, identity theft, and property theft. Actually, all of them are serious charges. No doubt, convictions can have a long-lasting impact.

There is some difference between embezzlement and larceny. As far as embezzlement is concerned, an actual conversion occurs in it. Then, the original taking must not be trespassory. It means that the embezzler is eligible for item possessions. There are both types of embezzlement presented today: minor, such as a few dollars and immense that involve millions of dollars. In any case, when you are facing embezzlement charges you need an attorney who is experienced with white-collar criminal defense.

- by Tom Donovan