Embezzlement Defense Attorney Grand Rapids, Michigan helps clients defend themselves against embezzlement charges. Typically embezzlement deals with much larger sums of money than you find in typical retail fraud, which means it carries a much harsher sentence. No matter how complex and complicated embezzlement charges are serious.
There are even special divisions in the prosecutor’s office that deal with this type of crime. This is because many times this can be very complex to prove and to defend. Because of this, you need an experienced Embezzlement Defense Attorney in Grand Rapids, Michigan.
It begins when a company does a random audit to find that there is some suspicious activity going on. When you have been accused of embezzlement, this can be an embarrassing situation and a serious one. Never speak to the company that is investigating or the police with the proper representation of Embezzlement Defense Attorney Grand Rapids, Michigan. You cannot talk your way out of this situation and in most cases, you will only make things worse. Even if you know you are innocent and think you have proof, never go it alone as they are on a manhunt and this could get you deeper into trouble. Always seek the advice of an Embezzlement Defense Attorney in Grand Rapids, Michigan.
Michigan Embezzlement Laws
If you are facing embezzlement charges and are interested in what that might look like, we have put together some examples. While this is just a sampling of what could happen, we believe that it does accurately give you a good idea. Embezzlement charges are very serious and will carry along with you for life. You want to be sure that you have an experienced Embezzlement Defense Attorney in Grand Rapids, Michigan to assist.
- Property valued at between $50,000 and $100,000: For embezzlement cases with property valued at between $50,000 and $100,000, a person may face fines of up to $25,000 or 3 times the value of the property, whichever is greater, as well as up to 15 years in prison.
- Property valued at between $20,000 and $50,000: If the embezzled property is valued at between $20,000 and $50,000 in the state of Michigan, a person will face punishments of a fine of $15,000, or 3 times the value of the property, as well as up to 15 years in prison.
- Property valued at $100,000 or more: For extreme Michigan embezzlement cases involving property valued at over $100,000 a person may face a fine of $50,000, or 3 times the value of the property as well as up to 20 years in prison.
- Property valued between $1,000 and $20,000: If the property is found to be valued at between $1,000 and $20,000, a person will then face penalties of a fine not exceeding $10,000 as well as up to 5 years in prison. If the person facing charges has prior convictions or the property was taken from a charitable organization, these penalties will rise to a $15,000 fine as well as 10 years in prison.
- Property valued between $200 and $1,000: In embezzlement cases where the property has been valued at between $200 and $1,000, a person may face a fine of up to $2,000 or 3 times the value of the property, as well as 1 year in jail. If prior convictions are to have been found, or the property was taken from a charity organization, a person may face a fine of up to $10,000 and/or 5 years in prison.
- Property valued at less than $200: When the property in question is valued at under $200, a person will face penalties that can include a fine of up to $500, or 3 times the value of the property, as well as up to 93 days in jail. If the property was found to have been embezzled by a charity organization, however, the fine will increase to $2,000 or up to 1 year in jail.
Statute of Limitations for Embezzlement
It is 6 years in Michigan for embezzlement. Both felony and misdemeanor cases fall under this statute. This means that the crime must have been committed in the past 6 years. However, this statute is only for those living in the state of Michigan. It is different for those that have moved or didn’t live in Michigan at the time of the crime. You should reach out to John Engman & Associates, P.C. to find out if your case could fall under the statute of limitations law.