Montgomery County Embezzlement Attorney

Crimes such as embezzlement are often classified among the various types of white-collar crime. FBI data suggests that white-collar crimes each year now create close to $300 billion losses nationwide. A report from the National Association of Criminal Defense Lawyers explained that white collar criminal activity is “changing and evolving” and says it is “increasingly complex.” This trend is largely attributed to continued advancements in technology and many other factors.

Defining Embezzlement in Pennsylvania

Embezzlement is a potentially serious theft offense that deprives someone of their property. It may involve unlawfully disposing of anything with value by someone who has a fiduciary relationship to the property owner. The term fiduciary is derived from a Latin term meaning “to trust.” The perpetrator may be a professional retained by an organization such as an accountant or attorney and is commonly an officer or employee of the organization.

Some Potential Examples of Embezzlement Include:

  • Diverting funds from a company bank account in order to be used personally
  • Creating “phony” payments to a third-party such as a contractor for products or services that were not provided
  • Unauthorized personal use of a company credit card or petty cash
  • Manipulating payroll data to provide unauthorized additional personal compensation

Common Statutory Offenses

Theft by unlawful taking or disposition (§3921) involves knowingly depriving or disposing of someone else's property. This property may be something that is tangible or intangible. Property is further categorized as movable or immovable. Immovable property is in a fixed location that is unable to be moved without significantly altering or destroying it.

Misapplication of entrusted property and property of government or financial institutions (§4113) is theft committed by someone with a fiduciary relationship to the victim. Theft offenses in Pennsylvania may be graded as a felony or misdemeanor crimes based on various circumstances. One variable that determines the level of the offense is the value of the property involved.

   

Maximum Incarceration

Maximum Fine

First-Degree Felony

Value exceeds $500,000

20 years

$25,000

Second-Degree Felony

Value of $100,000 and $500,000

10 years

$25,000

Third-Degree Felony

Value of $2,000 and $100,000

7 years

$15,000

First-Degree Misdemeanor

Value of $200 and $2000

5 years

$10,000

Second-Degree Misdemeanor

Value of $50 and $200

2 years

$5,000

Determination of Value

How is the value of a property calculated or determined? The value of a property is generally the current market value. It may be calculated by determining the amount necessary for the property's replacement. When this cannot be determined, it may be necessary to consult with a financial expert who can may an informed assessment.

White Collar Crime

Embezzlement is generally considered to be one form of “white collar” criminal activity. These offenses are typically committed for some financial benefit and are not violent in nature. Common examples include the various types of fraud such as those involving securities, real estate, taxes, credit cards, and more.

Criminal Defense Attorney for Theft Charges in Montgomery County

Attorney Joseph D. Lento has the experience necessary to effectively defend allegations of criminal activity. He will closely analyze the specific evidence and circumstances involved to formulate a comprehensive defense strategy. Contact the office today for a case consultation at (888) 535-3686.

Contact Us Today!

Footer 2

Attorney Joseph D. Lento has more than a decade of experience successfully resolving clients' criminal charges in Philadelphia and the Pennsylvania counties. If you are having any uncertainties about what the future may hold for you or a loved one, contact the Lento Law Firm today! Criminal defense attorney Joseph D. Lento will go above and beyond the needs of any client, and will fight until the final bell rings.

This website was created only for general information purposes. It is not intended to be construed as legal advice for any situation. Only a direct consultation with a licensed Pennsylvania and New Jersey attorney can provide you with formal legal counsel based on the unique details surrounding your situation. The pages on this website may contain links and contact information for third party organizations – the Lento Law Firm does not necessarily endorse these organizations nor the materials contained on their website. In Pennsylvania, Attorney Joseph D. Lento represents clients throughout Pennsylvania's 67 counties, including, but not limited to Philadelphia, Bucks, Chester, Delaware, Montgomery, Berks, Lancaster, Lehigh, and Northampton County. In New Jersey, attorney Joseph D. Lento represents clients throughout New Jersey's 21 counties: Atlantic, Bergen, Burlington, Camden, Cape May, Cumberland, Essex, Gloucester, Hudson, Hunterdon, Mercer, Middlesex, Monmouth, Morris, Ocean, Passaic, Salem, Somerset, Sussex, Union, and Warren County, Outside of Pennsylvania and New Jersey, unless attorney Joseph D. Lento is admitted pro hac vice if needed, his assistance is educational advice, and does not constitute legal advice or the practice of law. The decision to hire an attorney in Philadelphia, the Pennsylvania counties, New Jersey, or nationwide should not be made solely on the strength of an advertisement. We invite you to contact the Lento Law Firm directly to inquire about our specific qualifications and experience. Communicating with the Lento Law Firm by email, phone, or fax does not create an attorney-client relationship. The Lento Law Firm will serve as your official legal counsel upon a formal agreement from both parties. Any information sent to the Lento Law Firm before an attorney-client relationship is made is done on a non-confidential basis.

Menu