When you steal funds from a company for which you work, you are committing the crime of embezzlement. Regardless of how much money you steal, this is a very serious crime.
In some cases of embezzlement, only a few hundred dollars will be stolen. In other cases, hundreds of thousands of dollars will be stolen. While these offenses will be punished differently, they will both typically result in jail time.
Are you fighting embezzlement charges in Milwaukee, Wisconsin? If so, it’s advised that you gain an understanding of what you’re up against. Read below to do so.
A key part of defending yourself against embezzlement charges is understanding what embezzlement really is in the first place. Embezzlement is essentially the act of stealing company funds when you have been put in charge of managing those funds.
This crime occurs at a number of different severities. While one embezzler might steal $100 from his or her company, another embezzler might steal $10,000 or more.
Often times, these funds are stolen over a long period of time, being taken in gradual increments. However, this is not a prerequisite to embezzlement. A person can also be charged with embezzlement for stealing a large sum of money at one time.
Repercussions for Embezzlement in Milwaukee
As was noted above, embezzlement occurs at all different severities. For different severities, different charges will be filed against the offender. Below, we’ll review the repercussions for taking designated amounts of money.
The least severe and serious type of embezzlement is one in which the embezzler steals less than $2,500. This crime is punishable by a Class A Misdemeanor. Class A Misdemeanors carry punishments of up to 9 months in prison, and of up to $10,000 in fines.
The only upside to this charge is that it will not render you a felon. While a misdemeanor is a serious crime to have on your record, it’s not even close to as serious as a felony.
$2,500 to $5,000
Should you steal between $2,500 and $5,000, you will be punished by a Class I Felony. This felony is punishable with up to 3 ½ years in prison, and with up to $10,000 in fines.
There is also a very good chance that such a crime will derail your ability to secure employment in the future.
$5,000 to $10,000
An even more serious crime is to embezzle between $5,000 and $10,000 in funds. Embezzling this amount of money will land you with a Class H Felony. Such a felony is punishable by up to 6 years in prison, and by up to $10,000 in fines.
Again, being convicted of this crime will severely hinder your ability to secure employment in the future.
$10,000 or More
Embezzlement at its most serious form occurs when someone steals $10,000 or more. Stealing this much money from your company will land you with a Class G Felony. A Class G Felony is punishable by up to 10 years in prison, and by up to $25,000 in fines.
Committing such a crime will make it nearly impossible for you to find employment in the future.
Criminal Defense Attorney to Defend You Against Embezzlement Charges in Milwaukee
If you’re fighting embezzlement charges in Milwaukee, you’re going to need a staunch legal defense. It’s highly recommended that you hire an attorney experienced in such matters. Looking for such a criminal defense attorney in the Milwaukee area? If so, we here at Hartley Pecora Law Offices have you covered.
Our team of attorneys has defended clients in a number of embezzlement cases. It is our goal to minimize your penalties as much as legally possible.
Contact us today! We are available 24/7.