Embezzlement : Wallin & Klarich Client
Embezzlement : Wallin & Klarich Client Our Client was charged with felony embezzlement under Penal Code section 503 for allegedly stealing over $30,000 from her employer. This offense is a wobbler, meaning it can be charged as a misdemeanor or a felony. Misdemeanor Embezzlement When the value of the items stolen is less than $950.00, embezzlement is a misdemeanor. Misdemeanor embezzlement has a maximum of one year of unsupervised probation…
Read More
Differences between theft and embezzlement
Differences between theft and embezzlement Your boss comes to you and asks if you can deliver some cash to the bank for a deposit. Of course, you say yes. When you get to the bank, you think “My boss won’t realize that a few hundred dollars went missing,” and you pocket some of the money. A few days later, the police show up to work and arrest you for embezzlement.…
Read More
When Does Embezzlement Become a Felony in California? (PC 503)
When Does Embezzlement Become a Felony in California? (PC 503) As your work is about to close for the night, your boss asks you to take money from the cash register to deposit at the bank. With a stack of money in your possession, you decide you can’t pass on the opportunity to take some money for yourself. If this happens, you could be accused of embezzlement under California Penal…
Read MoreI Am Accused of Embezzlement —What Can I Do? (PC 503)
I Am Accused of Embezzlement —What Can I Do? (PC 503) Being accused of embezzlement in the workplace is a tough process with possibly criminal consequences. Between the nation-wide $40 billion yearly cost of workplace-theft and the still-recovering economy, employers are on high alert. If your employer accused you of theft your first question is likely, “How bad can it get?” That answer depends on how you answer, “How much?”…
Read MorePunishment for Embezzlement under California Penal Code Section 503
Punishment for Embezzlement under California Penal Code Section 503 California Penal Code Section 514 describes the punishment for embezzlement in terms of the theft of property and its value. Grand theft under Penal Code Section 487 involves the value of the embezzled property worth more than $950. If the amount embezzled is less than $950 then the crime will be filed as a misdemeanor. Penal Code 487 can be charged…
Read MoreAn attorney caught embezzling? Penal Code 503
An attorney caught embezzling? Penal Code 503 Last month, attorney, Peter Nitschke was charged with embezzling more than $720,000 from his client trust fund from two sisters whom he apparently he had befriended. Nitschke allegedly offered to help two sisters after their 95-year-old mother died and left them more than $675,000, according to the Orange County district attorney's office. The sisters are 65 and 69 years old. Nitschke was president…
Read MoreHow an Experienced Southern California Embezzlement Attorney Can Help You Fight Embezzlement Charges
How an Experienced Southern California Embezzlement Attorney Can Help You Fight Embezzlement Charges It was recently reported that a former California State Bar employee was sentenced to two years and eight months in prison and ordered to pay $900,000 in restitution for stealing $675,000 from the agency. Sharon Pearl was charged with embezzlement and six separate counts of filing false income tax returns. Pearl used the $675,000 she stole from…
Read More