Category: AZ White Collar Crimes

01Apr
Embezzlement in Arizona

Embezzlement in Arizona

Under Arizona law, embezzlement is the theft of money, property, or other assets by an individual who maintains trust or responsibility over those assets. In most cases, embezzlement occurs in the workplace or other corporate settings where large sums of money are involved. Employees accused of embezzlement or other types of theft in Arizona are usually professionals, such as accountants, business executives like CEOs or CFOs, and money managers. When accomplished individuals in high-profile positions suddenly find themselves >faced with accusations of embezzlement or theft , everything they have worked so hard to achieve is on line. Therefore, it is important for professionals and executives who think that they might be under investigation for embezzlement to contact a Phoenix white collar crime attorney before the charges are even filed. By retaining a Phoenix embezzlement lawyer early on in the investigation process, it is possible to reduce the damaging effects of the charge or have the charges dropped all together. There’s a lot that can be done to lessen the severity of an employee theft crime when a criminal defense attorney is retained in a timely manner. Professionals accused of embezzlement should look for an attorney with past experience as a Maricopa County white collar crime prosecutor, as this type of criminal defense attorney can be a huge asset to their case. In addition, a white collar crime attorney can provide clients with helpful insight about the potential consequences of their charges.

Penalties for non-violent crimes carried out in a business or workplace setting are just as serious as those for violent crimes. In fact, Arizona’s criminal justice system is not known for being lenient when it comes to punishments for embezzlement, theft, or fraud. Authorities are cracking down on white collar crime in the Phoenix metro area. With so much at stake, it is highly recommended that you retain one of the most knowledgeable embezzlement attorneys in the state of Arizona. Along with the prosecution background of our Phoenix white collar crime attorney, Charlie Naegle, also understands the importance of handling each case with confidentiality and sensitivity. The Naegle Law Firm’s entire criminal defense team is dedicated to providing superior customer service and personalized strategy for each and every client. To have your case assessed in a free confidential consultation, you can contact our firm at 602-663-9958.

20Jul
CEO Gets Prison for Embezzlement – Embezzlement Attorney Mesa AZ

CEO Gets Prison for Embezzlement – Embezzlement Attorney Mesa AZ

A former CEO of mattress manufacturer Latex International was sentenced earlier this month to prison for embezzling about $1.7 million in what prosecutors said was a scheme to pay for “an absurdly extravagant lifestyle.”

Kevin Coleman of Waseca, Minn., was sentenced in federal court in Bridgeport to 70 months in prison. Coleman pleaded guilty to single counts of wire fraud and tax evasion in February.

The U.S. District Judge also ordered Coleman to pay more than $1.7 million in restitution to the company, as well as $1.3 million in back taxes, penalties and interest.

Read more about this case here.

While this is a huge case, involving a large corporation and its CEO, in Arizona embezzlement charges can range from misusing corporate credit cards and forging checks to committing employee theft and making fraudulent payments to vendors. The penalties in an embezzlement case are linked to the amount of money taken and therefore, the potential penalties can be disastrous.

If you are under investigation for or have been charged with embezzlement in Arizona, contact embezzlement lawyer Charlie Naegle at Naegle Law Firm today. Call 602-685-1122 to schedule your free anytime, anywhere consultation. When you hire the Naegle Law Firm, you work directly with Charlie Naegle.