Legal Defense For Those Facing Embezzlement Accusations

Allegations of embezzlement, employee theft and filing inflated or phony expense reports require a proactive defense attorney because of what a conviction signals to your peers, business associates and prospective employers.

If you face embezzlement charges in Texas or elsewhere in the U.S., it’s crucial that you hire a seasoned criminal defense attorney. Dan Guthrie Jr., the lead attorney at Guthrie PLLC, understands how serious embezzlement charges can be and will do everything he can to fight these allegations.

What Is Embezzlement?

Embezzlement is a form of financial fraud where someone trusted with handling an organization or someone else’s money steals it for their gain. For someone to face accusations of embezzlement, they must have a formal responsibility for overseeing the money.

What Are The Different Types Of Embezzlement?

They can include:

• Payroll: Payroll embezzlement can happen when someone manipulates an organization’s payroll system. This can occur when someone creates a fake employee to collect an additional paycheck. It can also occur when a commissioned employee fabricates their sales records to obtain higher performance metrics or extra income.
• Lapping: Lapping can happen when someone manipulates a customer’s account with a company to hide stolen cash.
• Ponzi schemes: Ponzi schemes can happen when a wealth adviser or financial planner promises to put money into a portfolio they claim has a high return on investment but instead pockets the cash for themselves.
• Siphoning: Siphoning happens when someone steals a small, sometimes unnoticeable amount of company funds over a period of time. It can be as simple as taking cash from a cash register or keeping a fraction of payments from a company vendor.

These are only a few examples of embezzlement. Regardless of the embezzlement charge you face, Mr. Guthrie can help. Call him at 214-953-1000 so he can learn more about your circumstances.

Penalties For Embezzlement

It’s crucial to take embezzlement charges seriously. If you’re found guilty, you could face:

• Fines: Depending on the severity of the charge, you may have to pay anywhere from $50 to $15,000. It can also depend on the penalties in your state.
• Prison time: Those guilty of embezzlement may have to serve between one year and 99 years in prison. Sentence lengths can depend on the amount of money stolen.

Embezzlement charges can have severe implications for your career, business and reputation. These charges can loom over your life even if you aren’t found guilty. That’s why working with an attorney who understands the consequences and can keep things under the radar is crucial.

Work With A Versatile Defense Attorney

Mr. Guthrie knows how to work quietly and effectively behind the scenes to resolve embezzlement accusations and preserve your professional reputation. However, if you go to trial or are indicted by a grand jury, he can prepare a practical and detailed defense strategy. He thoroughly understands how grand jury investigations work and can use that knowledge to guide you through your case. He takes cases throughout the Dallas metro and nationwide.

Don’t Wait – Reach Out Today.

Mr. Guthrie has made prosecutors’ jobs more difficult for over 30 years. He has built a national reputation for successfully handling cases involving embezzling and misapplication of funds.

Visit his contact page to schedule an initial consultation today.