White-collar crimes in Louisiana are just as serious as violent crimes, and will be prosecuted by the authorities. One type of white-collar crime is embezzlement. While the word may be familiar, some readers may wonder, what exactly is embezzlement?
Embezzlement is considered to be a theft crime in Louisiana. When people are accused of embezzlement, they are accused of misappropriating funds or other valuable items that they are in the care of. Many times it is the employees that have valid access to a businesses’ funds that are accused of embezzlement. These could be bank tellers, bookkeepers, cashiers or accountants. Even high-level executives can be accused of embezzlement if their businesses’ finances are not balanced or funds are missing.
Those accused of embezzlement can face incarceration for many years if they are convicted. In fact, even mere allegations could mar a person’s professional reputation or even cost them their job. After all, an accusation of embezzlement paints a person in a dishonest light, even if it is not true.
The Law Office of Robert S. Toale has represented many criminal cases in the past, including those involving embezzlement. The firm’s founding attorney has gone to trial hundreds of times in both federal and state court. In some situations, litigation is avoided through the creation of an out-of-court solution, which can be very beneficial for the accused.
Those accused of embezzlement have many important decisions to make, and their very life and reputation are on the line. If you are accused of embezzlement, it is important for you to understand all aspects of the crime. Gaining more information about the crime of embezzlement may be the first step to take in creating a strong defense.