What to do if You Have Been Charged With Embezzlement in Texas

Embezzlement is a form of property theft in that it involves using a position of trust and power to steal money or assets for one’s own personal gain. The key difference between embezzlement and ordinary theft is that the person doing the stealing had legal access to the money or property being stolen, and was trusted by the property’s owner to safeguard those assets, which somehow makes embezzlement that much worse.

Embezzlement can occur in a variety of ways, but the most common way that embezzlement happens is when an employee is given access to a business’s or customers’ funds. For instance, a bank teller may slide a couple of bucks from each customer’s deposit into his or her pocket throughout the course of a workday, thereby stealing from the customer. An accountant for a major corporation may pay himself a little extra each month without the owner’s knowledge. An investor may use a client’s money instead of investing it, and then chalk up the spent money as “a loss.”

However embezzlement occurs, the fact remains that it is illegal. When a person is charged with embezzlement, he or she may face criminal sanctions that include jail time and fees. For this reason, if you were charged with embezzlement in Texas, you need to retain the help of an experienced Dallas criminal defense attorney right away.

Penalties for Embezzlement in Texas

The penalties for embezzlement in Texas vary depending on the value of the property taken. Typically, penalties under Texas law are as follows:

  • A fine of up to $500 for taking property valued at or less than $50;
  • Up to 180 days in jail and a fine of up to $2,000 for taking property valued at more than $50 but less than $500;
  • Up to one year in jail and a fine that does not exceed $4,000 for taking property valued at more than $500 but less than $1,500;
  • A minimum of 180 days but not more than two years in the state penitentiary and up to $10,000 for taking property valued at more than $1,500 but less than $20,000;
  • A minimum of two years but no more than ten years in prison, a fine of up to $10,000, or both for taking property valued at more than $20,000 but less than $100,000;
  • A minimum prison sentence of two years and a maximum of 20 years, a $10,000 fine, or both for taking property valued at more than $20,000 but less than $100,000; or
  • A $10,000 fine, five to 99 years in prison, or both for taking property valued at more than $200,000.

Sanctions may be considerably worse for stealing from the elderly or embezzling funds from a non-profit or government organization.

Your Defense to Embezzlement Charges in Texas

If you were charged with embezzlement in Dallas, Texas, your future may be at stake. Do not take the charges lightly and reach out to the experienced criminal defense attorneys at Clark Law Group for aggressive legal representation today. Call our office directly or use our online contact form.

Categories: