Embezzlement is a serious problem across the United States, and as a white-collar crime, can get you into deep trouble with the federal government and your state. Embezzlement is an offense that can be prosecuted based on Florida's theft laws. In general, these laws apply to those who take or use other people's property without authorization. The intention must be to keep the property, not to give it back to the original owner.
Forensic accountants have an important job when it comes to exposing white collar crimes, and they can provide a lot of significant evidence to the court under the right circumstances. As someone who is accused of a white collar crime, a forensic accountant may be good or bad for your case. Depending on how much you knew about the crimes that were taking place and what role you played, the accountant could expose every illegal transaction and bring them out into the open, showing that you were or were not involved based on those completed transactions.
White collar crimes are often not penalized as seriously as you might expect. As a result of this kind of leniency, it's possible that you could be found guilty of the crime and still face few penalties.
The finance director in St. Johns County, Florida, was arrested recently - and then fired - amid accusations she stole more than $700,000 while on the job.