The words ‘convicted criminal’ bring certain negative associations to most people’s minds. Often, they envision someone who behaves in a shady manner, is potentially dangerous, and has made a career out of committing crimes and victimizing others. While this may be true in some cases, there are many situations in which this stereotype does not apply. Otherwise honest, hardworking people can find themselves facing charges for criminal activities, and the types of criminal acts they are charged with do not always involve weapons, breaking into people’s homes, or lurking in a dark alley. At Sabuco Beck, P.C., we represent clients convicted of white collar crimes, including embezzlement. While these types of criminal charges may seem less severe or threatening than other criminal matters, they do carry stiff penalties that could impact your life, both now and in the future.
Embezzlement is a type of theft crime that usually involves a person placed in a position of trust over the assets or finances of an organization, institution, or other person. Under the Illinois Compiled Statutes (720 ILCS 5/16-1), theft is defined as the following:
Under this statute, property can be defined as actual property, such as real estate or personal belongings, as well as financial property and assets, including bank accounts, credit cards, and stocks or bonds.
Under the Illinois Statutes, embezzlement can be charged as either a misdemeanor or felony crime depending on the nature and circumstance of the crime, and the ramifications if convicted vary depending on the amount of property used or otherwise obtained. Potential penalties for embezzlement include the following:
If the property is valued at one million dollars or more, it is considered a class X felony, punishable by about to 30 years in jail. In addition, you could be facing federal embezzlement charges under US Code Section 18 U.S.C. § 641 if the theft involved public money or property belonging to the government.
If you or someone you care about is facing embezzlement charges, contact Sabuco Beck, P.C. today. Our experienced Will County criminal defense attorneys understand the serious impacts these charges can have on your reputation, finances, and personal freedoms, both now and in the future, and can assist in strategizing the best course of defense in your particular case.
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