In Texas, embezzlement is theft involving some kind of service, money, or property. This happens when an individual entrusted to keep track or manage a property or money steals a portion or all of those to keep or utilize for personal gain. In this case, the defendant has legal control or access to the other individual’s property or money, but not ownership of it. Combined with violating or breaching the trust of the victim, you get embezzlement.
Potential Penalties for Embezzlement Charges in Texas
As David A. Nachtigall explains, embezzlement is among the common white collar crimes in the country. According to the Texas Penal Code, embezzlement penalties will depend on the value of the stolen property. These may include the following:
- A fine not exceeding $500 for stolen property with a value under $50
- Jail time not exceeding 180 days and/or a $2,000 fine or below for embezzled property valued between $50 and $500
- A fine not more than $4,000 and/or a year of jail time for stolen property ranging from $500 to $1,500
- Between 180 days and two years in jail and/or a fine not exceeding $10,000 for embezzled property with a value of $1,500 up to $20,000
- 20 years imprisonment and/or a fine not more than $10,000 for stolen property valued between $20,000 and $100,000
- Between five and 99 years imprisonment and/or a $10,000 fine for embezzled property amounting to $200,000 and up
According to defense lawyers in Houston, prison sentences and fines can increase depending on the case.
Why Legal Assistance is Crucial
As you can see from above, an embezzlement charge in Texas is serious business; you should have legal assistance when resolving the charges against you. While state laws govern the consequences and punishments of embezzlement crimes, only an experienced criminal defense lawyer can assess how solid the case against you is.
Talk to your lawyers to know more about your legal options.