Embezzlement is a very serious, and very common, type of white collar crime in Baltimore, Maryland. Embezzlement is a crime that involves misappropriation or misuse of company items, company property or company finances that someone has been entrusted with. Often times someone holding an upper level financial position such as Chief Financial Officer or Controller may abuse their positions and use company funds for personal use or personal financial gain. Employee theft is also a very common type of embezzlement. White collar crimes including embezzlement, fraud and money laundering carry severe legal consequences if convicted. These crimes may be tried in Federal Courts as well. Ultimately the penalty for embezzlement is directly related to the value of the misappropriated property.
If you have been charged with or accused of embezzlement it behooves you to speak with a skilled defense attorney immediately. Contact The Law Office of Jack B. Rubin at 410.727.8710. You may also contact us online.
Keys to Establishing A Case For Embezzlement In Maryland
Several things need to occur in order for you to be convicted of embezzlement in a court of law. First and foremost, the prosecution needs to show a fiduciary relationship between the accused and the person, party or entity who lost the property or funds. From there, it must be proven that the property or monies came into the defendant’s possession via that fiduciary relationship. It must then be demonstrated that the defendant fraudulently assumed ownership of the property or funds and intentionally misused them.
Signs Of Embezzlement
As it is not uncommon for employees to have full access to company property it can be very easy for them to embezzle that property. Very common signs of embezzlement, or employee theft, are inaccurate accounting records. These records will usually have inexplicable gaps in the records. Missing petty cash, multiple or duplicate payments and unbalanced accounts payable and receivable are all also signs of possible embezzlement. Lastly, missing financial documents such as receipts may be indicative of embezzlement. The prosecution may focus heavily on items such as these if your case goes to trial.
An experienced white-collar criminal defense lawyer can help you by devising a strategic defense in an attempt to protect your rights when charged with embezzlement, fraud or forgery.
Contact A Baltimore Maryland Embezzlement Defense Law Office
Being charged of embezzlement, money laundering, misappropriation of funds or any other white collar crime can exert lifelong consequences on your personal & professional lives and reputations. If ultimately convicted, your freedom, your rights, your financial status and your ability to remain gainfully employed will all be jeopardized. Contacting an experienced criminal defense attorney to protect your rights and your reputation is important. Our law office, Jack B. Rubin, PA, can help successfully steer you through the convoluted Maryland legal system. Call us today at 410.727.8710. You can also contact us online.