A Look at what Constitutes Embezzlement
- Property valued at less than $650 is punishable by up to six months in jail and a fine of up to $1,000
- Property valued between $651 and $3,499 is punishable by between one to five years in jail and a fine of as much as $10,000
- Property exceeding $3,500 in value can be punished by as much as ten years in prison and a fine of $10,000
To prove embezzlement, the state must show there was intent to defraud the owner of the property. A mere error in bookkeeping is not enough to satisfy this burden. Those who have been accused of embezzlement have lots to lose, which is why a call to the Potter Law Firm is highly recommended.