EMBEZZLEMENT
PENAL CODE § 503
Under Penal Code § 503, “Embezzlement is the fraudulent appropriation of property by a person to whom it has been intrusted.”
To be convicted of embezzlement, all of the following must be proven:
- Taking of property
- Entrusted to the defendant
- With the intent to permanently deprive the owner of that property
POTENTIAL PUNISHMENTS FOR EMBEZZLEMENT
Embezzlement can be charged as a felony if the value of the property is more than $950.00. If the value of the property is $950 or less, embezzlement can only be charged as a misdemeanor
DEFENSES
- You did not intend to keep the property
- You believed in good faith the property belonged to you
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