Embezzlement and theft might sound similar, but in Missouri, they are different crimes. Embezzlement is a form of theft, but what sets it apart is the relationship between the offender and the victim.
What is Embezzlement?
Embezzlement happens when a person with legal access to money or property, like an employee or trustee, takes it for personal use. For instance, if an employee moves company funds into their personal account, they are committing embezzlement. The key is that they already had permission to handle the money or property but misused that trust.
How Is It Different from Theft?
Theft, on the other hand, is when someone takes property that is not theirs without permission, intending to keep it. Embezzlement is different because the person already had the right to manage the money or property but abused that position.
Penalties For Embezzlement in Missouri
The punishment for embezzlement depends on how much was taken:
- If the amount is less than $750, it’s usually a misdemeanor, which can lead to fines or up to a year in jail.
- If more is stolen, it’s a felony, which can result in prison time and larger fines. It can also ruin someone’s career.
Seek Legal Counsel
If you are facing embezzlement charges or suspect someone is committing embezzlement, it is crucial to get legal advice. The team at Kranitz, Sadoun & Carpenter, P.C. has experience with these kinds of cases and can help you protect your rights. Reach out to us today to discuss your situation.
๐๐ฉ๐ฆ ๐ค๐ฉ๐ฐ๐ช๐ค๐ฆ ๐ฐ๐ง ๐ข ๐ญ๐ข๐ธ๐บ๐ฆ๐ณ ๐ช๐ด ๐ข๐ฏ ๐ช๐ฎ๐ฑ๐ฐ๐ณ๐ต๐ข๐ฏ๐ต ๐ฅ๐ฆ๐ค๐ช๐ด๐ช๐ฐ๐ฏ ๐ข๐ฏ๐ฅ ๐ด๐ฉ๐ฐ๐ถ๐ญ๐ฅ ๐ฏ๐ฐ๐ต ๐ฃ๐ฆ ๐ฃ๐ข๐ด๐ฆ๐ฅ ๐ด๐ฐ๐ญ๐ฆ๐ญ๐บ ๐ถ๐ฑ๐ฐ๐ฏ ๐ข๐ฅ๐ท๐ฆ๐ณ๐ต๐ช๐ด๐ฆ๐ฎ๐ฆ๐ฏ๐ต๐ด. ๐๐ฉ๐ช๐ด ๐ฑ๐ฐ๐ด๐ต ๐ด๐ฉ๐ข๐ณ๐ฆ๐ด ๐จ๐ฆ๐ฏ๐ฆ๐ณ๐ข๐ญ ๐ช๐ฏ๐ง๐ฐ๐ณ๐ฎ๐ข๐ต๐ช๐ฐ๐ฏ ๐ข๐ฃ๐ฐ๐ถ๐ต ๐๐ช๐ด๐ด๐ฐ๐ถ๐ณ๐ช ๐ญ๐ข๐ธ ๐ข๐ฏ๐ฅ ๐ช๐ด ๐ฏ๐ฐ๐ต ๐ญ๐ฆ๐จ๐ข๐ญ ๐ข๐ฅ๐ท๐ช๐ค๐ฆ. ๐๐ฐ๐ณ ๐จ๐ถ๐ช๐ฅ๐ข๐ฏ๐ค๐ฆ ๐ฐ๐ฏ ๐บ๐ฐ๐ถ๐ณ ๐ด๐ช๐ต๐ถ๐ข๐ต๐ช๐ฐ๐ฏ, ๐ด๐ฑ๐ฆ๐ข๐ฌ ๐ธ๐ช๐ต๐ฉ ๐ข ๐ฒ๐ถ๐ข๐ญ๐ช๐ง๐ช๐ฆ๐ฅ ๐ข๐ต๐ต๐ฐ๐ณ๐ฏ๐ฆ๐บ.