Fraud and Embezzlement Laws in California

[no_toc]Have You Been Charged with Fraud or Embezzlement in The San Francisco Bay Area?

Embezzlement Crimes:

  • Credit card fraud
  • False records (invoices or accounts) to conceal a theft
  • Stealing small amounts of money or property over time
  • Theft involving a large amount of money at once

San Francisco embezzlement attorney, Ginny Harjot Walia, can represent you in California state or federal criminal charges thoughout the Bay Area.

What Are Fraud Crimes?

Fraud includes anything intended to deceive, including all statements, acts, concealment’s, and omissions involving a breach of legal duty, trust or confidence which results in injury to one who justifiably relies.

Federal prosecutors use statutes for Mail Fraud, Wire Fraud and Money Laundering to prosecute more and more cases as “white collar crimes.” The majority of corporate fraud cases pursued by the FBI involve accounting schemes designed to deceive investors and Wall Street analysts about the true financial condition of a corporation. Through the manipulation of financial data, the share price of a corporation remains artificially inflated based on fictitious performance indicators provided to the investing public.

What Are Embezzlement Crimes?

The “illegal transfer of money or property for personal use.” The significant difference between embezzlement (employee theft) and other kinds of theft is that embezzled property is legally possessed or accessed by the person doing the embezzling; usually as part of the job responsibilities

Applicable California Code Sections for Fraud and Embezzlement

  • California Penal Code 503-515
  • 18 USC 1001