Charged with Embezzlement in Waco

The crime of embezzlement is the act of dishonestly withholding assets to exert unauthorized control over those assets. These crimes often occur in business settings where workers have access to large amounts of money. 

There is a lot at stake when it comes to any criminal offense, and embezzlement is no exception. If you have been accused of stealing, you must have an aggressive, experienced criminal defense attorney. When you are under investigation for embezzlement, get an attorney to intervene early. It might be possible to resolve the matter before any charges.

Our Waco criminal defense attorneys have decades of experience in state and federal court with embezzlement cases. We can provide essential tactics to spot weakness in the prosecution’s embezzlement case. Call us at 254-753-6437 for a free 30-minute consultation.

Examples of embezzlement often involve:

  • Accepting kickbacks
  • Creating and using fake lines of credit
  • Falsifying financial records
  • Hiding inventory or assets
  • Siphoning company funds for personal use
  • Skimming cash
  • Manipulating account balances

Were you 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 ten 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, he or she shall be fined and imprisoned for no longer than one year.

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 ten years, or both. If the property’s value does not exceed $100, then the defendant shall not be detained 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.

Frequently Asked Questions About Criminal Defense 

You probably have many questions about the criminal justice system in Waco. We have designed a set of informational questions and answers that you can read while waiting for your appointment with our Waco criminal defense lawyers. 

Waco Embezzlement Defense Attorney

You need aggressive criminal defense if you are suspected of embezzlement in Waco. Our lawyers have the knowledge and relationships to defend our clients in this white-collar crime. When you are charged with embezzlement, the result, if convicted, will be destructive to the rest of your life. The stigma alone can result in a person never finding gainful employment in the future. It would help if you got a good lawyer for your defense against these charges.