“Embezzlement” is theft that happens when someone entrusted to manage or safeguard someone else’s money or property steals all or part of that money or property for personal gain. What distinguishes embezzlement from other types of theft is the trust element – betrayal plus theft equals embezzlement. If you are accused of embezzlement in the Phoenix area or anywhere across Arizona, you’re going to need serious legal help, and you’re going to need it fast. If you are being investigated for or charged with embezzlement, contact an experienced Phoenix criminal defense attorney as quickly as possible. In Arizona, the penalties for an embezzlement conviction are based on the value of the property or money that was taken:

  • Embezzlement of $25,000 or more: The charge is a Class 2 felony, and a conviction is punishable by up to five years in prison.
  • Embezzlement of $4,000 to $25,000: The charge is a Class 3 felony, and a conviction is punishable by up to three-and-a-half years in prison.
  • Embezzlement of $3,000 to $4,000: The charge is a Class 4 felony, and a conviction is punishable by up to two-and-a-half years in prison.
  • Embezzlement of $2,000 to $3,000: The charge is a Class 5 felony, and a conviction is punishable by up to one-and-a-half years in prison.
  • Embezzlement of $1,000 to $3,000: The charge is a Class 6 felony, and a conviction is punishable by up to one-and-a-half years in prison.
  • Embezzlement of less than $1,000: The charge is a Class 1 misdemeanor, and a conviction is punishable by a fine of up to $2,500 and/or up to six months in jail.

Embezzlement can happen in a variety of circumstances. The target might be an employer, a financial institution, a not-for-profit corporation, or an individual – it doesn’t matter. If someone surreptitiously takes money or property he or she has been entrusted to safeguard, it’s embezzlement. If you are charged with embezzlement in Phoenix or elsewhere in Arizona, retain the legal help you need and call an experienced Phoenix criminal defense attorney immediately.