Embezzlement is a very serious type of white collar crime. Embezzlement is a crime that involves misappropriation or misuse of company items, company property or company finances that someone has been entrusted with. Often times a person holding an upper level financial position such as Chief Financial Officer or Controller may abuse their positions and use company funds for personal use or personal financial gain. Employee theft is also a very common form of embezzlement. White collar crimes including embezzlement, fraud and money laundering convictions carry with them severe legal consequences if convicted. Ultimately the penalty for embezzlement is determined by the actual monetary value of the misappropriated property.
If you have been charged with or accused of embezzlement you should speak to a qualified Edmonton, Alberta Embezzlement Defense Lawyer immediately. Contact McGlashan & Mackinnon at 877 557 4845.
An embezzlement conviction in a court of law is contingent upon several things happening. First and foremost the prosecution needs to demonstrate a fiduciary relationship between the accused and the person, party or entity who lost or misused the property or funds. From there it must be proven that the property or monies came into the defendant’s possession via that fiduciary relationship. It must then be reiterated that the defendant fraudulently assumed ownership of the property and intentionally misused the property.
As it is not uncommon for employees to have full liberties regarding company property it can be very easy for them to embezzle that property. Very common signs of embezzlement, or employee theft, are inaccurate accounting records. These records will usually have inexplicable gaps in the records. Missing petty cash, multiple or duplicate payments and unbalanced accounts payable and receivable are all also signs of possible embezzlement. Lastly, missing financial documents such as receipts may be indicative of embezzlement. The prosecution may focus heavily on items such as these if your case goes to trial. A qualified and tenacious Edmonton, Alberta Embezzlement Defense Lawyer can help you by devising a strategic defense in an attempt to protect your rights.
Being charged of embezzlement, money laundering, misappropriation of funds or any other white collar crime can have severe lifelong consequences on your personal & professional life. If ultimately convicted your freedom, your rights, your financial status and your ability to remain gainfully employed are all compromised. Contacting an experienced Edmonton, Alberta Embezzlement Defense Attorney to protect your rights and your reputation. McGlashan & Mackinnon can help successfully steer you through the convoluted legal system. Feel free to contact them at 877 557 4845.
The Edmonton, Alberta White Collar Crime Defense Lawyers at McGlashan & Mackinnon proudly serve those accused of white collar crimes throughout Strathcona, County, Leduc County, Parkland County & Sturgeon County which includes: Edmonton, Fort McMurray, Fort Saskatchewan, Leduc, St. Albert, Spruce Grove, Sherwood Park, Beaumont, Bon Accord, Bruderheim, Calmar, Devon, Gibbons, Legal, Morinville, Redwater and Stony Plain.
Serving Edmonton, Fort Saskatchewan, Leduc, St. Albert, Spruce Grove, Sherwood Park, Beaumont, Bon Accord, Bruderheim, Calmar, Devon, Gibbons, Legal, Morinville, Redwater, Stony Plain And Strathcona County, Leduc County, Parkland County And Sturgeon County,
