Embezzlement under California Penal Code Section 503 involves the fraudulent appropriation of property by a person to whom it has been entrusted. This charge is common in employment situations where an employee is accused of stealing from their employer.
Embezzlement is a form of theft, and penalties depend on the value of the property taken. If the value is $950 or less, it may be charged as petty theft (misdemeanor). If the value exceeds $950, it can be charged as grand theft (felony), carrying up to three years in state prison.
Attorney Cocis defends clients against embezzlement charges by challenging the prosecution's evidence of fraudulent intent, arguing that the defendant had a good-faith belief in their right to the property, and questioning the accuracy of financial records.
If you are facing embezzlement charges, contact our office for a free consultation. These cases are often complex and require an attorney with experience in financial crime defense.