Embezzlement Crimes in Rogers County are aggressively prosecuted in the District Court. Some people may remember the 2002 embezzlement scandal in the Northeast Oklahoma Barbie Doll Club. As a result of this crime, the woman, Cynthia Izon, received a 40 year prison sentence. During her tenure as treasurer of the club, Izon’s embezzlement scheme stole $100,000 from the club. She was ordered to pay $81,000 of restitution to the club and also faced other legal fees and fines. So what does embezzlement entail? Read on to learn more and also know the penalties.
Defining Embezzlement Crimes
Under Oklahoma statutes, embezzlement is the fraudulent taking of monies from someone who legally owns the money, and using it for private purposes not related to the owner or organization. So whether the money if from an employer, a charity, or another non-profit board, if you use it for personal purposes without their knowledge you are embezzling.
Legal Consequences of Embezzlement
Under Title 21 §1451(B) & (C) of the Oklahoma Statutes Annotated, you can find the penalties for embezzlement. Further, these follow a hierarchy of amount of money in the scheme.
- $500 or less = fines reaching $1,000 and possibility of one year in prison.
- $500-$1,000 = fines reaching $5,000 plus any restitution to victims and a possible year prison term.
- $1,000-$25,000 = this amount is a felony crime with $5,000 fines and restitution, plus up to five years in prison.
- Over $25,000 = felony charges with fines reaching $10,000 and restitution, plus ten years in prison.
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The more money you embezzle, the harsher the penalties you can expect. This is especially important if you are facing felony charges. These are dis-qualifiers for certain positions and employment opportunities.
Contact Claremore Embezzlement Attorneys
Embezzlement crimes are tricky criminal charges. Sometimes people may not be aware that they are perpetrating a crime. Other times, it could be a mistake in the books. So, if you face charges on this crime, don’t face it alone. Let our attorney help you fight it. Free consultation.