What is embezzlement?

Embezzlement is a type of white collar crime that occurs in Washington. It is the unlawful taking of property or funds entrusted to one’s care in order to benefit the perpetrator. This criminal activity involves one person who has been given the power to manage another’s property, money, or assets, usually by their employer. The crime of embezzlement involves an employee or company representative who misappropriates property or funds by exploiting their legal authority. This could include someone in a position of trust such as a bank teller, accountant, corporate executive, or financial advisor. They could also be someone in a position of authority such as a lawyer, doctor, or property manager. In Washington, the punishment for embezzlement depends on the amount of money or property taken. If the amount taken is less than $5,000, then the perpetrator could be charged with a felony and face prison time for up to 5 years. If the amount taken is more than $5,000, then the perpetrator could be charged with a more severe felony that carries a prison sentence of up to 10 years. In addition to prison time, the perpetrator may be required to pay restitution to the parties they victimized. Embezzlement is a serious crime that can have serious repercussions in Washington. If an individual is charged with embezzlement, it is important to contact a criminal defense lawyer to ensure that the individual’s rights are protected.

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