Even those who operate legitimate businesses in Minnesota might find themselves accused of white-collar crimes, such as embezzlement. The complicated nature of these accusations, which are often backed by years of investigative work, makes them difficult to investigate and even more challenging to defend against.
Working overtime at your Minnesota workplace can yield an important payday for you and your family, plus it helps generate goodwill towards you from your employer, as hardworking employees are an important asset to any corporation. But could working overtime actually land you as an embezzlement suspect? It is important to understand why employees are suspected of such a white collar crime and why employees who merely work overtime should not be under suspicion.
People in Minnesota who are accused of multiple criminal offenses at once may end up opting to enter into a plea agreement with the prosecution. This is just one of the options that may be available to some defendants. While it is not necessarily always the best choice for some people, it may work very well for others.
When it comes to money, there are many people who have tried to set up scams to cheat you out of yours. One such scam you may run across in Minnesota is a Ponzi scheme. The U.S. Securities and Exchange Commission defines a Ponzi scheme as an investment situation where funds collected from new investors are used to pay current investors. The money is usually not invested at all.
Employers in Minnesota have to keep an eye on their finances to ensure crimes like embezzlement does not occur. This may seem rather easy, but an employee who wants to steal will often find a way. That is why employers may want to follow these tips to help prevent employee embezzlement.
Embezzlement is when an employee steals money from a business or organization. It happens everywhere, but in small towns in Minnesota, it may more prevalent than anyone knows. Small towns across the country often run into financial trouble due to workers stealing from the budget. It may seem as if the government should have a handle on its finances, but the very nature of a small town government makes it the prime candidate for embezzlement.
Any person who works in a job in which they have financial responsibilities and control for an entity knows that their actions may be put under a microscope from time to time. That is precisely what is happening to a woman today who used to work for a private golf club in St. Paul, Minnesota.
Embezzlement is a type of white-collar crime that covers a wide range of illegal activities. The Legal Information Institute defines embezzlement as the fraudulent taking of personal property by someone to whom it was entrusted. In the case of employee embezzlement, all that must be proven in Minnesota and all other states is one of two things: the employee either had possession of the goods or funds or had substantial control over them by virtue of his or her title or job description or by the practices within the company.
Embezzlement charges in Minnesota can take many forms and may cross multiple types of industries and lines of work. People who hold jobs with fiduciary responsibilities may be at risk for being accused of theft or embezzlement in part because of their seemingly easy access to funds. That, however, does not actually mean that they are guilty of impropriety. As with any criminal case, it is always important that the full facts of a matter are reviewed carefully.
If you have been accused of a financial crime in Minnesota, there will be many things you will need to learn about how your case may be investigated or handled. Some of what you will need to know is the type of offense you are charged with and what the minimum or maximum penalties associated with it may be. Also important to learn is how your case may be reviewed or investigated. It is not only law enforcement teams that may be involved in an investigation or prosecution as other professionals may be called in at times. One such professional is the forensic accountant.