What is the Punishment for Embezzlement? California PC 503
In California, embezzlement is charged under penal code 503 pc where a person is accused of intending to permanently deprive property having an entrusted position. The punishment for this theft crime is largely contingent on the amount stolen. For example, someone who embezzles $100,000 would find themselves having to serve a jail sentence versus someone who embezzled $800.
The court may also consider the characteristics of the offense in addition to the amount, such as:
- Was the property taken from a public agency or nonprofit organization;
- Whether the offense was prolonged over time or an isolated incident;
- Did the offense involve a degree of sophistication and/or planning;
- Was the defendant a key player or minor participant;
- Defendant’s prior criminal history.
It is not uncommon for someone to also be charged with petty theft, grand theft, and receipt of stolen property in conjunction with embezzlement. Embezzlement is also a wobbler permitting the prosecutor to charge you with either a felony or misdemeanor. However, for felony embezzlement, the fair market value of the property (or money) must exceed $950.
A misdemeanor conviction for embezzlement carries a sentence of up to 364 days in the county jail and a maximum fine of $1,000. A felony conviction carries up to 3 years in the county jail. Ordinarily, a skilled embezzlement attorney can negotiate for probation and allow the defendant to participant in counseling, perform community service, and repay the loss amount, in lieu of jail.
Contact Us to Schedule a Free Embezzlement Consultation
Embezzlement is a serious crime in California. Thus, it is important for your to retain an experienced Newport Beach criminal defense attorney to protect your rights and prevent the government to taking advantage of those who are unfamiliar with white collar offense law. Contact the Law Offices of John D. Rogers today to schedule a free confidential consultation about your case. Early retention of a skilled lawyer can mean the difference of having your case dismissed/rejected or having to serve time in jail.