Texas woman faces 10 years in prison for embezzlement
Posted By Law Offices of Jeffrey C. Grass || 18-Aug-2014
Those who have been accused of committing a white collar crime could experience a number of long-term hardships because of the allegations. In addition to spending time behind bars, they may have a very hard time finding work in their occupation after serving their sentence. In Dallas, Texas, those who have been charged with a white collar crime should thoroughly evaluate their situation and try to determine the best way to move forward.
A 44-year-old woman from Elsa recently admitted to embezzling over $90,000 from a residential re-entry center and is now facing up to 10 years in federal prison. The woman, who worked as an administrative assistant for the center, reportedly embezzled the funds between 2012 and 2013.
According to a U.S. attorney, the woman took over 600 vendor checks and money orders and deposited them into her personal accounts after forging information on the slips. She also reportedly tampered with financial records to cover her tracks and agreed to repay the center in her plea deal as a result. The woman was released on bond and is currently awaiting a sentencing hearing scheduled in October.
From money laundering to insider trading and tax fraud, there are all sorts of white collar crime charges people face. The penalties that come with being convicted of these types of crimes can be very severe, which is why many people in this position turn to an experienced legal professional for assistance. Although dealing with the legal system can be stressful and complex, especially for people who don't have a background in law, it is imperative for anyone in this position to understand all of their options.
Source: News92FM.com, "Woman Admits to Embezzling $90K from Work," Brandon De Hoyos, July 29, 2014
Categories: Fraud, Money Laundering, Penalties, Tax Fraud, insider Trading