Criminal law is a complex creature. There are many different areas and many of them have overlapping definitions, punishments, and legalities. Two commonly confused crimes are fraud and embezzlement. While similar, they have a lot of important differences that will affect how the case is handled should you be charged with either crime. Our fraud and embezzlement lawyer breaks it down for you.
What is Embezzlement?
Embezzlement is actually a kind of fraud, financially speaking. When someone commits embezzlement, they mishandle someone’s assets or money. It is different from theft because the act of theft involves taking valuables for their own benefit while with embezzlement, the person is already in possession of these items and then misuses them. An example is charging someone for a product and failing to deliver said product.
What Counts as Fraud?
Fraud, on the other hand, is a little broader. When someone commits fraud, they are purposefully lying about a product or service to someone. They may lie about the risks of using said products or services, the intended outcome, and more, which could lead to harm, loss of money, and more to the people who fall victim to this crime.
What if I’m Charged With Fraud or Embezzlement (Or Both)?
Both fraud and embezzlement can be charged as either a civil or criminal offense. Civil offenses tend to result in compensational punishments while criminal charges can lead to either compensational punishments or jail time. If you’re charged with this kind of crime, your best bet is to work with a fraud and embezzlement lawyer who is familiar with the industry and can help you navigate the legal aftermath.
A fraud and embezzlement lawyer knows the language and laws and can represent you in a court of law should you be charged with this kind of crime.
Call the Law Office of W. Shane Jennings Today!
If you’re in need of a caring, hardworking fraud and embezzlement lawyer, the Law Office of W. Shane Jennings is the place to call. We represent clients who are dealing with the aftermath of being charged with such a crime. We can put our knowledge and experience into helping you navigate the legalities of being charged. If you’re in need of help, we’re ready and able to assist you. Don’t wait. Give us a call today to learn more about our services and how we can help you.