Charged with Embezzlement in Waco

The crime of embezzlement is the act of dishonestly withholding assets for the purpose of exerting unauthorized control over those assets. Embezzlement is generally committed by one or more individuals with whom such assets have been entrusted and held or used for other purposes. If you have been accused of embezzlement, it is important that you have an aggressive, experienced criminal defense attorney on your side. Thomas C. West is a board certified criminal defense lawyer and former prosecutor. His experience can help provide important strategy and spot weakness in the prosecution’s case. Call him at 254-753-6437 for a free 30 minute consultation.

Accused of embezzlement in Waco federal court?

Under 18 USC § 641 – Public money, property or records, whoever embezzles or steals, or knowingly converts to his use without authority, sells or conveys or disposes any money or record, or something of value to the United States or any department or agency of the U.S., or anyone who receives or conceals or retains the same shall be fined and imprisoned for not more than 10 years, or both.

Under 18 USC § 656 – Theft, embezzlement, or misapplication by bank officer or employee, it states that when a director, or an agent or an employee of any Federal Reserve bank, member bank, or bank operating under the Federal Reserve Act, embezzles, abstracts or willfully misapplies any money or funds or credits from the bank, shall be fined no more than $1,000,000 or imprisoned not more than 30 years, or both. However, if the amount embezzled, abstracted, or misapplied does not exceed $1,000, then he or she shall be fined and imprisoned for no longer than one year, or both.

Under 18 USC § 669 – Theft or embezzlement in connection to health care, whoever knowingly steals, or embezzles, or otherwise converts, or intentionally misapplies any money, or funds, or securities, or premiums, credits or property, or other assets of a health care benefit program shall be fined or imprisoned not more than 10 years, or both. If the value of the property does not exceed $100, then the defendant shall not be imprisoned for more than one year.

The penalties and fines for embezzlement vary depending upon the circumstances, the amount embezzled and the defendant’s criminal history. However, in severe cases an individual could be facing up to 30 years in prison and fines of $1,000,000.

Waco criminal defense attorney Thomas C. West is a former prosecutor. He is board certified in Criminal Law, which is a distinction held by very few criminal defense attorneys. If you need an aggressive embezzlement defense attorney in Waco, call Thomas West at 254-753-6437.