The Ferragut Law Firm

Top Rated Embezzlement Lawyer Prescott, AZ

Over Two Decades Successfully Defending Client’s Rights and Helping Them Stay Out of Jail and Prison in Prescott, AZ

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The Ferragut Law Firm

Top Rated Embezzlement Lawyer in Prescott, AZ

Over Two Decades Successfully Defending Client’s Rights and Helping Them Stay Out of Jail and Prison in Prescott, AZ
We Serve All of Arizona


“I explained my situation … he was thorough and explained the steps patiently in a way I could understand. He is professional and knowledgeable. I’m thankful …” – Susan K


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Time Is Of The Essence – Hiring An Embezzlement Lawyer in Prescott, AZ

Top Rated Embezzlement Lawyer in Prescott, AZGetting charged with embezzlement is an extremely major problem and definitely one in which you would want to find an Embezzlement Lawyer in Prescott, AZ. From a legal perspective if you are actually guilty, you can wind up with penalties and/or time in jail or prison, depending on how significant the criminal offense is, evaluated by the quantity of the theft. From an individual perspective, there are numerous concerns that will certainly need to be handled if you are found guilty. The most significant personal obstacles you will probably deal with are that you may seem like you let your self down as well as the people around you. Your family and friends may really feel sad for you, or they might feel incredibly disappointed in you and also might wish to desert the partnership with you, briefly or perhaps permanently.

But, if you truly are innocent or there are mitigating conditions (such as a person made you do it) you absolutely need to have a terrific defense. Only an excellent Embezzlement Lawyer in Prescott, AZ can make that defense case for you. Here we will now review what embezzlement is, just how you can get charged with it, whether it is a felony in Arizona, as well as just how you can defend the case.

For your personal knowledge, here is a page from the Arizona court system with a lot of useful information about what to expect in a criminal trial.

What is Embezzlement?

Embezzlement is normally thought to be the abuse of or the misuse of someone’s placement or ability in a trusted setting that manages funds and various other assets apart from their personal assets. For example, if you are a controller or an accountant in a corporation or a charity, you remain in a placement that takes care of, either in a direct manner or indirectly, the individual’s or service entity’s funds and other properties. Even if you sell things like candy or other products or services for another person and also manage the cash directly, you remain in a placement of managing another individual’s or entity’s cash.

That money belongs to the individual or entity that you are holding it or handling it for. Additionally, there are specific standards, both spoken as well as unspoken, that you as the caretaker of those assets (which could be cash or items, for example) that need to be adhered to.

What is Embezzlement (continued)

Let’s say for example that you are dealing with the Girl Scouts offering cookies and you have been provided 5 cases of Girls Scout cookies to market. You sell 2.5 cases of them in the time duration that’s allocated to market them, which means you have the cash for the 2.5 cases you sold as well as you still have 2.5 cases left. You provide all the cash you accumulated from the sale plus each of the additional boxes left over to your contact for the Girl Scouts. All is fine due to the fact that you have not misdirected any one of the funds or products.

Then, consider you are having a challenging time monetarily and also you said in your mind “I will only borrow some of that cash and after that pay it back when it is time. I probably would be able to get it by that time.” Is that a bad thing? Yes, it absolutely is! This is an example of embezzlement. You had been in a setting of trust as well as a caretaker for properties that do not belong to your person. Consequently, this misdirection of funds is taken into consideration to be embezzlement. If you take any of those properties for personal usage ‘at any moment’ you are utilizing cash that does not belong to you. Even if you intended on returning it when it was due – you still committed the act. This is never ever a great concept, not even if you do get the money back in a timely manner. You must in all times keep that cash entirely separate from your individual cash. Co-mingling of money like that is just not a good thing to do.

Bringing that to a business level, there are much more methods to abuse or misuse funds or possessions in a service, charitable, or federal, state, or local government entity setting. This kind of issue takes place more frequently than you would certainly think, and also some of these situations come to be high profile (this means they are covered by potentially several news outlets such as radio stations, TV, newspapers, and also a lot more). Embezzlement on a business or non-profit degree suggests that an individual has actually taken properties (normally cash but it could also be services or products) and also utilized them, without authority, for personal advantage. Often times these funds are misdirected to a personal account, however more fancy embezzlement plans also exist.

Embezzlement can additionally be carried out by greater than one individual, especially from a preparation standpoint. No matter the number of people are in the process, every one of them are doing something illegal and can be charged with a criminal offense.

Exactly How Can I Get Charged with Embezzlement and Would I Need an Embezzlement Lawyer in Prescott, AZ?

You can be charged and call for an Embezzlement Lawyer in Prescott, AZ if you are under suspicion of acting on any sort of deceptive activity with another individual’s or entity’s funds that have been misdirected as well as utilized for your own individual usage. It doesn’t matter if you used them to assist a good friend or relative or you personally benefited. You used the assets illegally.

Sometimes it can take years before criminal cases are raised, specifically in cases where a controller or a bookkeeper had straight access to assets as well as the business was lax regarding having their records examined by a 3rd party at important times. What happens in this case lot of times is the embezzler begins gradually thieving a few bits of cash out each time. After that due to the fact that they have not been caught yet, greed can set in therefore they start obtaining even more cash. Their boss ultimately catch on and start to examine the possible problem. They will probably hire an auditor to see what’s taking place as well as the auditor hopefully easily finds the trail of theft that leads back to the person that did it. This procedure can take years due to how this type of criminal offense can play out. It all just relies on the circumstances of the theft, the financial controls of the business, and also when as well as if the company’s officers are able to determine the potential losses they are experiencing.

When this takes place, police officers are called, they collect all of the truths that they can, and also provide a warrant for the apprehension of the person or people associated with the crime. Then you will definitely want to call the best and top rated Prescott, AZ Embezzlement Lawyer.

Here is a page with many of our Case Results. Please feel free to take a look at all of the successful victories we have had for our clients over the years.

Ready to talk? Just call us today at 602-324-5300. The consultation is free, and you will discover important ideas that will help you defend the charges against you.

Is Embezzlement a Felony in Arizona?

This is an excellent question. Due to the nature of the criminal activity, you could think that it is in all circumstances. Nevertheless, there are cases that it is just a misdemeanor in Arizona. But, just being charged with a misdemeanor can bring about penalties and also jail time, although it will certainly not lead to a felony record. Embezzlement in Arizona will certainly be a misdemeanor if the value of the burglary is $1,000 or less, which can have a penalty of as much as 6 months behind bars. Any embezzlement or theft quantities greater than that will be considered to be a felony if convicted, the class of which is established by the amount of the theft. Felony cases can range anywhere between a Class 6 felony for $1,000 to $2,000 in stolen products, with effects of up to 2 years in prison (that’s prison, not jail) to a Class 2 felony for more than $25,000 of theft of cash and/or goods. The consequences for that are between 3 and 12.5 years in a prison.

How Can I Defend Myself Against an Embezzlement charge?

There are lots of reasons that individuals do things they do, and there are times when it looks like someone is doing something prohibited and they are implicated of that in their arrest, yet the intent or real scenario was completely different.

Take the Girl Scouts instance from above. Let’s say you made use of the cash to acquire pizza for the area Troop as well as you were licensed to do so from someone higher up. After that something happens to that person and also a new person takes over yet was uninformed of the permission. They call the police and charge you for stealing. But no burglary actually occurred since you appropriately used it for the scouts, as well as you had permission, although the proper communication was not there. In this situation, your case would probably be dismissed due to the fact that there was no intent to misuse or abuse the funds and there was consent to use them for the objective they were.

There are other prospective genuine defenses against embezzlement too, such as the concern pointed out above where someone else was forcing the activities upon the individual that was in the position of financial responsibility. Every one of these are taken on a per instance basis, and also you should have a really strong protection in your corner in order to beat fees like these. If all the proof points to you and you worked in that placement of trust, only the best criminal defense by the most experienced and also leading Embezzlement Lawyer in Prescott, AZ can defend your rights in court.