California employees may have permission to use company funds for work expenses. However, an employer may later question how that money was spent. A dispute over company spending does not always mean a crime took place. Under California law, embezzlement involves the...
In California, embezzlement convictions carry steep financial consequences that stretch far beyond standard penalties. Chief among these is victim restitution, a mandate central to the state's justice system that demands full repayment of economic losses. Here is what...
We have discussed disgorgement here in the past. It is a financial remedy often used by the used by Securities and Exchange Commission. Individuals or companies are ordered repay illegal profits to those the SEC has determined were defrauded through criminal actions...
If someone has accused you of taking their property in California, you might wonder whether the charge involves embezzlement or theft. While people often use these terms interchangeably, they have distinct legal meanings that could significantly impact your case....
Embezzlement is a serious financial crime. It involves the misappropriation of resources from a business due to a position of trust. The violation of trust makes embezzlement a more serious matter than many people realize. To many people, embezzlement is synonymous...
An embezzlement charge can feel like the ground has shifted beneath you, especially when you know the full story is far more complex than the allegations suggest. What many people do not realize is that the prosecution cannot convict you based on the movement of money...
People often think of embezzlement in a rather direct form, such as a financial officer who accesses a company’s accounts and transfers money to their own account. Another example could be someone who is charged with taking the earnings from a local deli to the bank...
It is certainly true that embezzlement is considered a theft offense. Someone who is facing charges is being accused of taking assets or items that they shouldn’t have. For instance, an accountant could be accused of embezzling money from the company they work for....
Having access to company expense accounts provides a professional with greater flexibility. Those who travel for work or who have to address operational issues on the fly may need the flexibility of financial access. Both company expense accounts and reimbursement...
Those accused of complex financial crimes often choose to plead guilty. If an employer accuses a worker of embezzlement, they may feel like a guilty plea is the only viable solution. They hope to limit their losses and move on with their lives as quickly as possible....
