Economic crimes often have dire consequences, from destroying family equity in a property to rendering corporate stocks worthless to shareholders. These crimes may be committed by individuals against institutions or other individuals. The Economic Crimes Division is responsible for prosecuting a wide variety of wrongdoing. Among the crimes prosecuted is embezzlement.
In order to prosecute, the District Attorney’s office and the prosecutor rely on the documentation provided by business owners. The documentation provided helps enable law enforcement and prosecutors to determine if an embezzlement crime occurred and whether it can be proven beyond a reasonable doubt.
What is Embezzlement?
Embezzlement is the fraudulent appropriation of property by a person to whom it has been entrusted (Penal Code sections 503 & 508). Typically, this is someone employed by you to handle bookkeeping responsibilities for your business. Instead of using the company’s payroll system or checking or credit card account for legitimate company business, the individual uses these accounts to steal by directing the money to his or her own accounts or to pay for personal expenses.
Embezzlers use various methods to divert the company’s money and they use all kinds of ways to hide their activities. As a result, many times these cases can be complex and difficult to prove.
Remember, no one knows more about the inner-workings of your business and how embezzlement occurred than you do. It will be necessary for the investigator, the deputy district attorney, the judge, and possibly the jury, to understand what occurred. They will rely on the facts and documents you provide and will need as much detail as possible.
These cases rely heavily on your ability, as the victim, to provide sufficient documentation to support the thorough and successful prosecution of the case.