Embezzlement Charges in Las Vegas, Nevada
Arrested for embezzlement
If you have been charged with embezzlement in Las Vegas, Nevada, call us at 702-432-1000 to discuss your case. We have successfully handled many embezzlement criminal cases in the past.
The initial consultation is always free.
What is embezzlement?
The misappropriation of funds placed in one's trust or belonging to one's employer for his or her personal gain is called embezzlement. Stealing company information and selling it for money to another party who can financially benefit from that information is also an act of embezzlement.
NRS 205.300 states that any person or "bailee of any money, goods or property, who converts it to his or her use, with the intent to steal it or to defraud the owner or owners … is guilty of embezzlement." NRS Rules 205-300 thru 205-312 cover embezzlement charges.
Embezzlement examples
Examples of embezzlement in the workplace typically include:
• Having a "ghost" employee on payroll,
• Unauthorized money transfers between company accounts,
• Having dormant accounts in the accounting books,
• Stealing money out of the cash register.
Is embezzlement a felony?
It depends. In Nevada, embezzlement can be treated as either a felony or a misdemeanor, depending on the circumstances of the case and, sometimes, the accused person's criminal history.
Penalty for embezzlement
The penalty for embezzlement is connected to the value of the embezzled property.
If the embezzled property value is less than $650, the crime is considered a misdemeanor and is punishable by a maximum of 6 months in jail and a $1,000 fine.
If the value of the embezzled property is between $650 and $3,500, then the crime is considered a category C felony and is punishable by 1 to 5 years in a Nevada prison and a $10,000 fine.
If the embezzled property value is $3,500 or more, the crime is considered a category B felony, with a potential punishment of 1 to 10 years in prison and a $10,000 fine.
In some cases, the embezzlement charges could be dropped, and the case is dismissed altogether after the accused person returned the money.
Restitution
In criminal cases, one of the penalties imposed requires the return of stolen goods to the victim or paying the victim for harm caused. This is called restitution.
Can a business partner be charged with embezzlement?
Yes. If your business partner stole money or property from the company, you could claim to recover the items or funds.
What is the maximum punishment for embezzlement?
Under Nevada law, penalties for category C felony are between 1 and 20 years in prison and up to a $500,000 fine.
Is it embezzlement if the money is returned?
Unfortunately, returning the money or property is not enough to avoid a charge of embezzlement altogether once the police are involved. Embezzlement is a crime, and you need to hire an attorney experienced in handling embezzlement cases to represent you in court.
We invite you to call us at 702-432-1000.
Sealing embezzlement charges
You can seal embezzlement charges after the time requirements are met. The time requirements would depend on if the charge at the end was a misdemeanor, category C felony, category B felony, or dismissed.
We can help
Embezzlement cases are complex and often deal with evidence related to financial accounts and financial transactions. A conviction for embezzlement may result in years in prison, high fines, and the loss of a solid professional reputation.
At the same time, because you were charged with a crime, it doesn't mean you will be convicted. Embezzlement charges can be negotiated and resolved between the two parties involved, and both leave the settlement table without the calamity that criminal charges can bring into daily life.
The office of Heshmati & Associates successfully handled many embezzlement lawsuits and negotiated a favorable outcome that worked for all parties involved in the case.
If you were charged with embezzlement in Las Vegas, call our office at 702-432-1000 to speak with an embezzlement attorney in-person about your case.
The initial consultation is free.
Payment plans are available.
We serve clients in Las Vegas, Summerlin, North Las Vegas, Henderson, and the rest of Nevada.
Last updated on January 31, 2024.
