Phoenix Embezzlement Lawyer
Embezzlement is the act of taking money or proceeds that are handled or received illegally. If you’ve been accused of embezzlement, you may have also found that the charge also comes with other charges. This is because embezzlement usually accompanies the transfer or receipt of money from illegal activity. Even if you did not commit that legal activity, the money being traced back to it can cause you to have additional charges filed against you.
While this sounds rather complex, it can be. That is why it is important to have a criminal defense lawyer who knows finance and knows all about the laws that surround these types of financial crimes.
Of course, the last thing you want is to find yourself in the Phoenix federal building or another federal courthouse in the state facing embezzlement charges and the other charges that the prosecution may have placed upon you. If you do find yourself in this situation, it is because you are accused of taking “dirty money” that has been made through illegal activity and concealing or disguising the fact that it was allegedly acquired through illegal activities. In other words, embezzled money is “dirty money” that is made to appear “clean.” The money is usually disguised in this way to avoid legal action, forfeiture, taxation, or detection.
Some of the most common acts include depleting investment funds or a trust intentionally or stealing company assets. When investigated for this crime, personal and corporate financial records are evaluated to identify any suspicious cash transfers or asset relocation.
Here are some examples of embezzlement:
- Concealing where funds deposited into a bank account came from
- Failing to report cash transactions of $10,000 or more
- Failing to determine where a large sum of money came from
- Drug dealing
- Medicare fraud
- Tampering, smuggling, bribery
- Mortgage insurance fraud
The list can go on and on.
Phoenix Criminal Defense
The good news is that you have a uniquely qualified attorney in your corner and the burden of proof falls on the prosecution. The prosecution must be able to prove that you purposely stole or misappropriated funds, that you had a fiduciary responsibility to the person or company the money or assets were stolen from, and that the money was acquired through a specific employment position. If these items cannot be proven or the evidence is weak, a comprehensive defense strategy that takes into account all of the circumstances in the case can be successful.
Many times, an accusation of embezzlement comes from a disgruntled fellow employee or arises from a dispute with a business partner. Perhaps money was simply owed and was not stolen. We will make sure the whole story is told.
Contact An Arizona Embezzlement Attorney
It can be very difficult facing a charge of embezzlement, but that does not mean the end of the road for you. Myles A. Schneider holds a degree in corporate finance and has won many cases for clients, allowing them to move on with their lives and their careers. To find out more, contact us at 602-926-7373 to schedule a free consultation.