The Longer Embezzlement Continues, the More Likely You Will Be Caught

A person who is given access to someone else’s property or money for the purposes of managing, monitoring, and/or using the assets for the owner’s best interests, but then intentionally misappropriates those assets for personal gain, is committing embezzlement. Embezzling generally takes place when an employee with authority steals money or assets, and it usually occurs in a corporate setting. Generally, the longer the embezzlement goes on, the stiffer the penalties are for the individual charged with the crime.

In July of 2015 a woman named Kathryn Sue Simmerman in Norton Shores, MI who managed a Federal Credit Union, was charged with embezzling almost $2 million from the credit union’s cash vault over more than 13 years. She was hired in 2006, and admitted the embezzlement started about 5 years into her employment. Documents from the case describe Simmerman stealing money from the bank vault and taking it home in her purse. She then manipulated documents to show these funds were deposited into the credit union’s correspondent bank. Simmerman is facing jail time, restitution, and up to 8 years supervised release after prison.

Many times not only is the person who is stealing charged, but their family members could also be charged for spending the money, which could put a spouse, or even children at risk. The longer someone is involved in the process of embezzlement the harder it is to hide it, stop it, and protect their family from the devastation.

When the act of embezzling is not immediately detected, the longer it can continue. The criminal involved in the crime begins to think he or she is invincible and won’t get caught, but usually the opposite is true. The more money involved, the steeper the fines and longer the sentence.

Call an Experienced Criminal Defense Attorney | Paul Morrison Law Firm

If you find yourself in a situation of embezzlement, and would like to get out, we can help. Involving an experienced attorney in the process can help you control the damage you have caused. Attorney Paul Morrison has extensive experience in representing white collar crime. His experience can give you information on how to proceed and protect not only yourself, but your family as well from the worst possible outcome of your decisions. Call (913) 780-6666 today or send an e-mail to schedule a free consultation. We are located in Olathe and also serve people from the Johnson County area.