Embezzlement

Embezzlementand aggregates four hundred dollars ($400) or
Embezzlement is the crime of stealing funds ofmore in any 12 consecutive month period."
property of an employer, company, orEmbezzlement is considered grand theft and is
government. It may also mean money or assetsusually punished as a felony. Generally, grand theft
held in a trust account. It is the illegal transfer oris usually punishable up to one year in the county
money, or property, which is diverted from thejail or a maximum sentence of 16 months, 2, or 3
employer to the embezzler. The fraudulent intentyears in state prison. The preceding terms are
required for embezzlement is the intent toreferred to as the "low, mid, and high." The
deprive the owner of the property or where theCalifornia Legislature has stated that the middle
property is diverted to the embezzler's own use.term is the appropriate sentence to give out in a
Even where a person intended to eventuallyfelony case, unless mitigating or aggravating
return the property, it is still embezzlement.circumstances exists which would merit a lower
California Penal Code Section 503 reads,or higher sentence. For example, an aggravating
"Embezzlement is the fraudulent appropriation ofcircumstance occurs where an embezzlement
property by a person to whom it has beenvictim is elderly, or dependent, thus justifying the
entrusted."imposition of the high term. An example of a
Embezzlement takes many forms. Embezzlementmitigating circumstance would be where the
typically occurs in the employment and corporateembezzler makes full restitution to the victim, so
settings. Examples include a store clerk who takeslong as it is prior to the information being laid
money from the register and puts it in their owndown before the magistrate or the grand jury's
pocket, or it could mean a bank manager stealingindictment for embezzlement. It is in the judge's
customer deposit receipts and accountdiscretion to alter the sentencing scheme in light
information, and then siphoning bank money intoof the weight of the mitigating circumstances.
his own pocket.However, unless it is specifically precluded by a
California Penal Code Section 487 reads:statute, a judge can sentence a convicted felon
"Grand theft is theft committed in any of theto a grant of probation. Among other things, the
following cases:court may require the defendant, as a term and
Where the money, labor, or real or personalcondition of probation, to serve local jail time, pay
property is taken by a servant, agent, orfines, complete community service and pay
employee from his or her principal or employerrestitution.