Taking any part of an employer’s property entrusted in your care may result in a misdemeanor or a felony embezzlement charge under Arkansas law. Based on the amount or value taken, an offense could classify as either a Class A misdemeanor or as a Class B, C or D felony. An allegation of embezzlement may also result in additional felony charges depending on the method used to misappropriate the property.
Although embezzlement charges may not always result in a felony conviction if a prosecutor succeeds in convincing a jury of the full extent of the alleged wrongdoing the charge could stick. The penalties for felony embezzlement may include a fine of up to $15,000 and between five and 20 years imprisonment.
A 40-year-old former Arkansas resident turned herself in after allegations surfaced that she embezzled from her former employer, a local chapter of the Rotary Club. As reported by 5NEWS, she allegedly forged names on checks and financial records and also charged the club’s credit card for her personal use, all of which are felony offenses. Because the missing funds amounted to approximately $245,000, she faced a Class B felony offense, which applies when the amount taken is $25,000 or more.
The defense team countered the prosecutor’s allegations and had the charge for fraudulent use of a credit card dropped. The defendant pleaded guilty to second-degree forgery and theft of property, which could have resulted in a punishment of between five and 20 years of incarceration. The judge, however, sentenced her to 20 years of probation and ordered her to pay $150,000 restitution. Under Arkansas’s Act 346, she may apply to have her record expunged after successfully completing probation for a first-time nonviolent offense.
The information provided is for educational purposes only and not intended as legal advice.