Orlando, FL Embezzlement Attorneys

white collar crime defense lawyer

White collar crimes refer to the ones that are nonviolent, financially motivated, and most common within corporate environments. There are plenty of variations of white collar crimes, but one of the most damaging is embezzlement. Commonly referred to as theft or robbery of assets, embezzlement involves the misappropriation of funds for personal gain. 

Like all other crimes, white collar offenses and the penalties they carry can seriously alter a person’s life. Many times, people with significant reputations to uphold get caught up in these investigations.. Once a white collar crime is committed, however, the individuals involved usually face serious damage to their social reputation and experience great hardship trying to get their life back on track.

Those facing embezzlement charges in Florida can easily receive a felony conviction and fines up to $10,000. For this reason and many others, those accused of embezzlement should acquire a seasoned attorney with experience combating these federal charges.

What is Embezzlement?

Embezzlement is the theft or mishandling of funds entrusted to an individual or belonging to their employer. The most common form of this crime is accounting embezzlement, which occurs when an individual alters accounting records to steal or hide funds. There are endless ways one can embezzle funds, and individuals will often go to great lengths to disguise the money flow.

While some individuals will outright pocket the funds, there are a few more complex ways in which embezzlement can occur. A few of these include:

  • Fraudulent Billing: Making finances appear as if they were being used to afford bills.
  • Payroll to Nonexistent Employees: Documenting payment to phony employees whose accounts often link back to the accused individual.
  • Falsifying Records: Altering document information with the intention of misleading others.

One can commit these crimes over many years or in a few months. What remains true is that, if caught, you can expect to face severe penalties.

Criminal Penalties for Embezzlement

The penalties for embezzlement, like any other crime of theft, is based on the amount of money that gets stolen. Those accused of this crime can either face misdemeanor or felony charges, which can vary vastly. The criminal penalties for embezzlement in Florida are as follows:

Misdemeanor Penalties for Embezzlement:

  • 1st Degree: $100-$300 embezzled or stolen, up to 11 months of incarceration, 29 days in jail, and a $1,000 fine.
  • 2nd Degree: Under $100 embezzled or stolen, up to 60 days in jail and a $500 fine.

Felony Penalties for Embezzlement:

  • 1st Degree: More than $100,000 embezzled or stolen, up to 30 years in prison and a $10,000 fine.
  • 2nd Degree: More than $20,000, but less than $100,000 embezzled or stolen, up to 15 years in prison and a $10,000 fine.
  • 3rd Degree: More than $300, but less than $20,000 embezzled or stolen, up to 5 years in prison and a $5,000 fine.

When it comes to the misappropriation of valuables, Florida law has specific guidelines to determine the value of the item and the most appropriate charge. But as you can see, no matter what charge you’re facing, the fees you will be required to pay and time you will face if convicted have the potential to truly wreak havoc on your life. That’s why you need to partner with a lawyer who knows what they’re doing.

Aggressive Defense for Federal Charges

Knowingly deceiving those who have entrusted someone with managing their funds is an action that many see as unforgivable. In many white collar crime cases like embezzlement, the judge and jury push for the maximum sentence allowed because they find the actions deplorable. 

If you’re facing charges of a white collar crime like embezzlement, there’s no better place to turn than an experienced and trustworthy embezzlement attorney like the ones at the Umansky Law Firm, who will help mitigate your case to have charges lessened or even dismissed when possible.

Whether you’re facing misdemeanor or felony charges, you want Umansky Law Firm on your side.  They’ve been named one of Florida’s Legal Elite law firms and received top ratings from their peers as one of Florida’s Super Lawyers. With more than 35 years of experience working in the Greater Central Florida area to help free the accused from the grips of the Florida legal system, they know what they’re doing and are ready to go to work for you! 

To get started on your embezzlement defense, contact us today at 407-228-3838 for a free case evaluation.